Op-Ed: Inflation Act Damages Middle America – Leif Larson
TL/DR –
Leif Larson argues in the Jacksonville Journal-Courier that the Inflation Reduction Act harms middle America. He claims that this act, which proposes to eliminate inflation in the US through a gradual decrease in the money supply, would lead to higher interest rates, making it harder for people to afford homes, cars, and college educations. He also suggests that it would hurt small businesses, causing layoffs and slower economic growth.
Inflation Reduction Act Adversely Affects Middle America, says Leif Larson
According to acommentary by Leif Larson, the proposed Inflation Reduction Act negatively affects middle America. His remarks have prompted discussions on its potential impacts on the nation’s working class.
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