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Joe Biden Isn't Doing All He Can to Mitigate Inflation

Cato Podcast

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What Are the Short Term Political Benefits of Higher Inflation?

Scott Walker: The law gives the president way, way too many levers that he can pull unilaterally to provide political favors during election season. He says higher prices in steel and aluminum mark benefit steel and aluminum producers in the united states,. No project labor agreements, davis bacon regulations, by american rules, those are all going to benefit the domestic players - particularly labor unions.Walker: At the end of the day, just, you know, this is an easy way to hand out political favors through a very opaque system.

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