How to Fix Inflation

Back when he was in the White House, Bill Clinton famously advised Monica Lewinsky that there was no evidence, so she should “deny, deny, deny ” that anything happened between them. Actually, there was evidence. Taking a page out of the Clinton playbook, Joe Biden’s strategy has been to “deny, deny, deny” that there is any link between his policies and inflation, even going so far as to assert that the notion of a link is “bizarre.” Actually, there is evidence. To point out one study, economists at the San Francisco Fed concluded that...