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Opinion | Things are more expensive now — and that's a good thing
The message Americans have been getting about inflation from in recent months can be summed up in four words: Be afraid. Very afraid. Inflation hawks have been telling scary stories about impending inflation ever since the Federal Reserve slashed interest rates to near-zero during the financial crisis of 2008-2009. It’s a message that much of the media has been happy to spread, epitomized by an odd segment about rising food prices that CNN ran last week. The segment was supposed to show, in the words of a much-mocked tweet promoting it, “how badly inflation is hitting the middle class.” But...…The message Americans have been getting about inflation from in recent months can be summed up in four words: Be afraid. Very afraid. Inflation hawks have been telling scary stories about impending inflation ever since the Federal Reserve slashed interest rates to near-zero during the financial crisis of 2008-2009. It’s a message that much of the media has been happy to spread, epitomized by an odd segment about rising food prices that CNN ran last week. The segment was supposed to show, in the words of a much-mocked tweet promoting it, “how badly inflation is hitting the middle class.” But...WW…
Why Are Police Unions Blocking Reform?
On August 26th, Colin Kaepernick, a quarterback for the San Francisco 49ers, refused to stand for the national anthem, as a protest against police brutality. Since then, he’s been attacked by just about everyone—politicians, coaches, players, talk-radio hosts, veterans’ groups. But the harshest criticism has come from Bay Area police unions. The head of the San Francisco police association lambasted his “naïveté” and “total lack of sensitivity,” and called on the 49ers to “denounce” the gesture. The Santa Clara police union said that its members, many of whom provide security at 49ers...…On August 26th, Colin Kaepernick, a quarterback for the San Francisco 49ers, refused to stand for the national anthem, as a protest against police brutality. Since then, he’s been attacked by just about everyone—politicians, coaches, players, talk-radio hosts, veterans’ groups. But the harshest criticism has come from Bay Area police unions. The head of the San Francisco police association lambasted his “naïveté” and “total lack of sensitivity,” and called on the 49ers to “denounce” the gesture. The Santa Clara police union said that its members, many of whom provide security at 49ers...WW…
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