In 2022, researchers at the MIT Sloan School of Management studied why the nation was reeling under inflation, which peaked the previous year at 9.1% in June.

Their conclusion was emphatic. The No. 1 culprit was federal spending, and specifically the stimulus checks every American received to cope with the COVID-19 pandemic. It wasn’t corporate greed. It wasn’t supply chain disruptions.

“What was surprising is not just that [the driver] was federal spending but that it was so overwhelmingly federal spending,” Mark Kritzman, a senior lecturer at MIT Sloan, was quoted as saying in a report on the study posted on MIT’s web site.

Why do I bring this up? Because President Trump is floating the idea of giving Americans (with the exception of “high income people,” whom he didn’t define) $2,0

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