Showing posts from October, 2022

Electing Republicans Won't Help the Economy

  By Robert Katz  If the latest polls are to be trusted, the American electorate might be ready to give over control of the House of Representatives to the Republicans. The main logic for this transfer seems to be that although the GOP is replete with election deniers, insurrectionists, and anti-abortion fanatics, what matters is the economy, and specifically rising prices. The belief is that Republicans can do a better job at containing inflation and improving on the economic news than can Democrats. According to a recent NPR/PBS Newshour/Marist  Poll , Republicans have a 39%-26% advantage over Democrats when people are asked who would be better at handling the economy. That includes a 40%-17% margin with independents.  Is that confidence in Republican’s handling of the economy justified?   The causes of the current inflation are complex and manifold, poor fodder for sound bites. We do know inflation is a worldwide phenomenon. It is partly the result of the pandemic, of people shiftin