Matt Kibbe is joined by Jon Miltimore, managing editor at the Foundation for Economic Education, to talk about the reason why America’s supply chain has broken down and what can be done to fix it. By locking down the economy for over a year, the government artificially changed consumer habits while preventing workers from stepping up to meet the excess demand. Now, out of ideas, the Biden administration is simply pumping money into the economy, which doesn’t solve the problem, but does create inflation that is bad for everyone.
Kibbe on Liberty