Author: Christian Datoc
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Do economists think inflation will last? Depends on whom you ask
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The economic community is fracturing over inflation concerns caused by the Biden administration’s spending initiatives. Conservative monetary theorists interviewed by the Washington Examiner predict Congress passing President Joe Biden’s $4.5 trillion in combined infrastructure proposals will lead to double-digit inflation, yet Keynesian adherents maintain that the 10-year window across which Biden’s infrastructure investments are spread…
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White House reaching out to Republicans about a second bipartisan infrastructure package
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Senior White House officials are holding “informal discussions” with outside experts and congressional officials on how to split off a second, targeted bipartisan package from a larger reconciliation package expected to contain the remainder of President Joe Biden’s infrastructure proposals, multiple individuals involved in the talks tell the Washington Examiner. Work toward a second bipartisan…