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Conservative analysts blast 'morons' who put 'economic moron' in the White House
What happened
AlterNet reports that The Bulwark editors Jonathan Last and Jasmine M. Green blame the renewed inflation shown in a New York Fed estimate on Donald Trump’s tariffs. They call it “moronic inflation”: price pressure created by a policy Trump openly campaigned on, voters endorsed, and his administration imposed after the earlier inflation surge had subsided.
Last and Green contrast that increase with inflation following the COVID shock, when disrupted supply chains collided with stimulus-supported demand. They argue that supply-chain normalization, central-bank action, and Biden…
The skinny
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