With inflation at its highest levels in four decades, the Biden Administration and Congress are more focused on punishing U.S.-based tech companies, which have driven economic growth and vitality for the past two decades, than fighting inflation. Among those acknowledging that tech companies keep the overall inflation rate in check is Federal Reserve Chairman Jerome Powell. Rather than bashing tech companies, politicians should be listening to them so that America can continue to thrive economically in the years to come. Lexington Institute’s Paul Steidler discusses this in an Op-Ed in RealClearMarkets here.
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