Wednesday, March 07, 2018

Political Editors: Biggest Driver of Inflation Is the Government — The Patriot Post

Political Editors: Biggest Driver of Inflation Is the Government — The Patriot Post
"...On the subject of inflation, however, it is the government’s meddling in the market that tends to be the greatest contributor. 
Economist Mark Perry, who has tracked changing prices for over two decades, has noticed a common trend with the price of various goods and services — costs have increased over the inflation level for those goods and services that have lacked competition
This should be no surprise to conservatives.
Specifically, those goods and services that have seen the greatest overall price increases are in the fields of medical and education-related services. 
And those two fields are most directly impacted by the government’s intervention in the marketplace, via subsidy and regulation. 
...As Investor’s Business Daily explains, “All that subsidy money was premised on the goal of making these things [health care and schooling] more affordable. 
The result is, for many, the exact opposite..."

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