On December 11, the Cato Institute hosted a Hill briefing on affordability. I was joined by my colleagues Romina Boccia, Adam Michel, and Michael Cannon to discuss a reality that most politicians in Washington would prefer to ignore: deficit spending drives up prices and reduces earnings.

The root of today’s “affordability crisis” is the fiscal crisis.The root of today’s “affordability crisis” is the fiscal crisis.

Americans’ inflation frustrations are part and parcel with the pandemic spending spree.Americans’ inflation frustrations are part and parcel with the pandemic spending spree.

The alternative to shoveling more money into the pit is supply-side reform.The alternative to shoveling more money into the pit is supply-side reform.

Subsidies are driving healthcare costs higher.Subsidies are driving healthcare costs higher.

ConclusionConclusion

https://www.cato.org/blog/fiscal-policy-raising-costs-american-families