School Information System

K-12 tax & spending climate: stagflation and jobs

John Hawkins:

And guess what? Things have gotten significantly worse since then because the Fed printed so much money during COVID that it massively spiked inflation. Supposedly, the yearly target number for inflation is 2% and it reached a high of 9.1% in June of last year, but since the government has a lot of leeway in determining which products count towards the consumer price index, it’s very easy to rig the numbers – and they do. Big time:

Share

Fast Lane Literacy™ by sedso

does

Explore teaching tips and learn more about the word does.