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]
There's a famous scene in the movie "The Graduate" in which a young Dustin Hoffman receives this one-word bit of career advice from a businessman: "plastics."
He wasn't talking about credit cards, but he might as well have been. Back in the 1960s only about half of Americans had credit cards. Today about 90% of us do. It's what I call the democratization of credit.
This revolution in the way we pay for things benefits everyone: shoppers, retailers, online companies, banks, recordkeepers and so on.
It's no exaggeration to say that credit cards are the grease that makes the…