
This is Democracy – Episode 202: Inflation
This is Democracy
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The Politics of Fiscal Subsidy
The logic of a fiscal subsidy to counteract the inflationary costs for poorer families is politically non-viable in almost every democratic society I can think of now. In Europe, it has to be said, subsidies of that type are viable and have been used quite extensively. And I don't see why one couldn't make them work in the US by various types of tax credit,. which are effectively that kind of mechanism.
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