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The Heartland Institute’s Donald Kendal, Justin Haskins, and Chris Talgo present episode 318 of the In The Tank Podcast. On this episode, the ITT crew talks inflation, why it is considered a “hidden tax,” why the administration is trying to underplay inflation, and what is going to happen with inflation in the future.
INFLATION: BIDEN’S HIDDEN TAX
NYT – This Year’s Thanksgiving Feast Will Wallop the Wallet
https://www.nytimes.com/2021/10/25/dining/thanksgiving-inflation-supply-chain-food-costs.html
Townhall – Americans’ Economic Confidence Plummets Amid Increasing Inflation and Shortages
https://townhall.com/columnists/christalgo/2021/10/15/americans-economic-confidence-plummets-amid-increasing-inflation-and-shortages-n2597448
Breitbart – Bidenflation ‘Deluge’: October Saw Highest Level of Price Hikes Ever in Dallas Fed Survey
https://www.breitbart.com/economy/2021/10/25/bidenflation-deluge-october-saw-highest-level-of-price-hikes-ever-in-dallas-fed-survey/
Heritage Foundation – The Real Story Behind Inflation
https://www.heritage.org/budget-and-spending/heritage-explains/the-real-story-behind-inflation
POLITICAL RHETORIC
NYP – WH chief of staff slammed over post calling supply chain crisis ‘high class problems’
https://nypost.com/2021/10/14/ronald-klain-retweets-post-calling-supply-chain-crisis-high-class-issue/
Fox News – Psaki defends Biden WH Chief Klain’s ‘tone deaf’ inflation tweet
https://www.foxnews.com/politics/psaki-defends-biden-chief-klains-tone-deaf-inflation-tweet
INFLATION FUTURE
Yahoo Finance – Twitter’s Jack Dorsey Predicts ‘Hyperinflation’ — Is His Warning Merited?
https://finance.yahoo.com/news/twitter-jack-dorsey-predicts-hyperinflation-200908005.html
Business Insider – Blackstone CEO predicts the energy crisis will worsen inflation and prompt social unrest
https://www.businessinsider.com/energy-crisis-worsens-inflation-prompts-social-unrest-blackstone-ceo-2021-10
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