Everything Trump Wants to Do Causes Inflation

David Graham: “A paradox of this moment is that inflation is a big reason for Trump’s cratering approval and his party’s sinking odds in the midterm elections, but nearly every one of his signature policy ideas is inflationary. The basic challenge is not novel to this president—voters hate inflation, yet most anti-inflation measures the government can take will hurt the economy, which voters also hate.”

“But Trump’s strategy seems to be to commit to new proposals that would drive up costs.”