Newsom’s handouts. Economically bad. Socially not so bad

Giving free money to those most hurt by inflation is socially a good idea but economically it will make inflation worse.

Recently California Governor Gavin Newsom said he wants to give up to $1,050 to about 23 million Californians in the form of an “inflation relief check.” He said these payments will have income limits so the lower-income earners will receive the…

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Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.

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Michael Busler

Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.