Tag: recession of 1991
-
Get Rid of Trade Barriers, Licenses, Permits, Regulations
From Competitive Enterprise Institute October’s inflation reading was the highest since the recession of 1991. November’s is the highest since the 1982 recession, at an annualized 6.8 percent. The reason inflation is usually highest during recessions is because governments attempt to restart growth through a combination of monetary and fiscal policy. It is troubling that today’s…