The Failures of the "Inflation Reduction Act"
Update: 2022-08-15
Description
Whenever reading the name of a bill being passed in Congress, you can almost assure yourself it does the exact opposite of its name. Enter the "Inflation Reduction Act", a $740 billion progressive wish list that spends more on pet projects and raises taxes. The worst of it? More price controls in healthcare that will be detrimental to long term innovation. On today's podcast, we talk through the failures of the bill and why recycled ideas like price controls simply never work.
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