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Inflation – Page 2 – Pacific Research Institute

Inflation

Commentary

Health Care Is Not a Right, No Matter What the Left Says

At the recent unveiling of his latest plan for Medicare for All, Sen. Bernie Sanders, I-Vt., evoked a familiar theme. “Health care,” he said, “is a human right that all Americans, regardless of income, are entitled to.” But health care is neither a right nor a privilege. It’s an aggregate ...
Blog

Despite Sunday Late Night Tax Rebate Deal, Gas Tax Still Going Up

Gov. Gavin Newsom and the Legislature’s Democratic leaders announced Sunday that they had finally reached agreement on a tax rebate plan.  How to give Californians relief from high gas prices and rising inflation had been a key sticking point holding up the budget’s enactment. The unusual release of the plan ...
Blog

Fighting Inflation – Is the Fed “Bluffing?”

“The way to crush the bourgeoisie,” said Lenin, “is to grind them between the millstones of taxation and inflation.”  So, it would have put a crocodile smile on Lenin’s face to learn that May’s inflation data showed that Americans’ wallets were worn down even further.  The year-over-year inflation rate came ...
Business & Economics

Rounding Up The Usual Suspects Won’t Alleviate Inflation

Doing his best Captain Renault impersonation, President Biden is trying to alleviate the troubling inflationary environment by “rounding up the usual suspects”. In this case, that means blame a problem that can only be caused by errant government policies on politically convenient targets such as rising drug prices, Russia’s invasion of the ...
Blog

No Investigation Needed – Government Energy Policy Fuels Record-High Gas Prices

Angry drivers paying record gas prices this year – surpassing $7 per gallon in parts of California – are demanding action from elected officials to lower gas prices. Surprisingly, Sacramento Democrats have hung onto this scorching hot political potato for months.  Democrat legislative leaders have rejected pleas from Republicans and ...
Blog

Dysfunctional Department Store Demonstrate Health Care Hoodwinks

Recently, a storewide sale sign lured me into a local department store. I meandered the aisles until I found a birthday gift for my toddler: a cute magnetic fishing pole toy. But to my surprise, I couldn’t find the item’s price anywhere. Not on the box, not on the shelf. ...
Blog

Lawmakers Pass a Budget Bill, But No Deal Yet on Gas Price Relief

On Monday, Senate and Assembly Democrats passed their version of the 2022-23 state budget. While patting themselves on the back for adopting “a budget that puts California’s wealth to work for individuals, families, and businesses throughout our state,” there was one thing missing from their announcement – the support of ...
Housing

Wayne Winegarden Offers His Comments on Another Steep Rate Hike Coming in S&P Global

The Federal Open Market Committee is considering a 50-basis-point rate hike mid-June. Wayne Winegarden discusses the likelihood of elevated inflation persisting through the end of 2022: “Assuming the fiscal pressures subside, it will likely take until the late third quarter to start feeling some relief,” Winegarden said. “I think the ...
Blog

Been There, Done That on Imposing New Energy Burdens on Minority Communities

Been There, Done That on Imposing New Energy Burdens on Minority Communities Inspired by California’s “green energy” agenda, the Biden Administration is pushing a #Justice40 agenda, which aims to improve minority communities, but will actually impose huge new mandates, costs, and taxes on the very communities they aim to help. ...
Commentary

Single-Payer ‘Medicare for All’ Would Inflate Americans’ Healthcare Bills

Inflation is ripping through every sector of the U.S. economy. But there’s one curious exception: healthcare. The cost of medical care is up 3.5% in the last year. The overall inflation rate, by contrast, is nearly two-and-a-half times higher — 8.3%. So why are Sen. Bernie Sanders and 14 of ...
Commentary

Health Care Is Not a Right, No Matter What the Left Says

At the recent unveiling of his latest plan for Medicare for All, Sen. Bernie Sanders, I-Vt., evoked a familiar theme. “Health care,” he said, “is a human right that all Americans, regardless of income, are entitled to.” But health care is neither a right nor a privilege. It’s an aggregate ...
Blog

Despite Sunday Late Night Tax Rebate Deal, Gas Tax Still Going Up

Gov. Gavin Newsom and the Legislature’s Democratic leaders announced Sunday that they had finally reached agreement on a tax rebate plan.  How to give Californians relief from high gas prices and rising inflation had been a key sticking point holding up the budget’s enactment. The unusual release of the plan ...
Blog

Fighting Inflation – Is the Fed “Bluffing?”

“The way to crush the bourgeoisie,” said Lenin, “is to grind them between the millstones of taxation and inflation.”  So, it would have put a crocodile smile on Lenin’s face to learn that May’s inflation data showed that Americans’ wallets were worn down even further.  The year-over-year inflation rate came ...
Business & Economics

Rounding Up The Usual Suspects Won’t Alleviate Inflation

Doing his best Captain Renault impersonation, President Biden is trying to alleviate the troubling inflationary environment by “rounding up the usual suspects”. In this case, that means blame a problem that can only be caused by errant government policies on politically convenient targets such as rising drug prices, Russia’s invasion of the ...
Blog

No Investigation Needed – Government Energy Policy Fuels Record-High Gas Prices

Angry drivers paying record gas prices this year – surpassing $7 per gallon in parts of California – are demanding action from elected officials to lower gas prices. Surprisingly, Sacramento Democrats have hung onto this scorching hot political potato for months.  Democrat legislative leaders have rejected pleas from Republicans and ...
Blog

Dysfunctional Department Store Demonstrate Health Care Hoodwinks

Recently, a storewide sale sign lured me into a local department store. I meandered the aisles until I found a birthday gift for my toddler: a cute magnetic fishing pole toy. But to my surprise, I couldn’t find the item’s price anywhere. Not on the box, not on the shelf. ...
Blog

Lawmakers Pass a Budget Bill, But No Deal Yet on Gas Price Relief

On Monday, Senate and Assembly Democrats passed their version of the 2022-23 state budget. While patting themselves on the back for adopting “a budget that puts California’s wealth to work for individuals, families, and businesses throughout our state,” there was one thing missing from their announcement – the support of ...
Housing

Wayne Winegarden Offers His Comments on Another Steep Rate Hike Coming in S&P Global

The Federal Open Market Committee is considering a 50-basis-point rate hike mid-June. Wayne Winegarden discusses the likelihood of elevated inflation persisting through the end of 2022: “Assuming the fiscal pressures subside, it will likely take until the late third quarter to start feeling some relief,” Winegarden said. “I think the ...
Blog

Been There, Done That on Imposing New Energy Burdens on Minority Communities

Been There, Done That on Imposing New Energy Burdens on Minority Communities Inspired by California’s “green energy” agenda, the Biden Administration is pushing a #Justice40 agenda, which aims to improve minority communities, but will actually impose huge new mandates, costs, and taxes on the very communities they aim to help. ...
Commentary

Single-Payer ‘Medicare for All’ Would Inflate Americans’ Healthcare Bills

Inflation is ripping through every sector of the U.S. economy. But there’s one curious exception: healthcare. The cost of medical care is up 3.5% in the last year. The overall inflation rate, by contrast, is nearly two-and-a-half times higher — 8.3%. So why are Sen. Bernie Sanders and 14 of ...
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