FREEDOM LINE BLOG: Inflation: Comparing Trump and Biden...
Democrats hope to press the "affordability" issue in this year's midterm election season, but there'…
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Inflation: Comparing Trump and Biden...

Democrats hope to press the "affordability" issue in this year's midterm election season, but there's one potentially glaring problem for them, as illustrated by our friends at Unleash Prosperity...

[caption id="" align="alignleft" width="668"] Biden Versus Trump on Inflation[/caption]

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August 17, 2026 • 04:40 PM
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The Tyranny of the Phillips Curve
By Stephen Moore
Wednesday, December 20 2023
Repeat after me, class: Growth does NOT cause inflation. Write it on the blackboard 100 times. For decades, the economics profession has been trying to tell us all just the opposite. They keep shoveling out the dumbest economic concept of all time: the Phillips Curve. This was the lame-brained "theory" by neo-Keynesian economists of the 1960s and 1970s that to slow inflation, the Federal Reserve needs to raise unemployment and slow down economic growth. The whole concept of an inverse relationship between unemployment and inflation blew up when it was put into practice in the mid-1970s…
 
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Notable Quote   
 
"Which state has the highest retail tire prices in the country? It's not a data point that anyone, as far as we know, compiles, but artificial intelligence suggests that it's California. What we can be sure about, though, is that in about three years, California drivers will be paying more for tires than they are today.Significantly more.It won't happen because the tire makers and retailers will suddenly…[more]
  
 
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