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Stephen Moore and Tomas Philipson: Fewer Cures, Costlier Energy

The so-called Inflation Reduction Act has at its heart the most foolish trade-off imaginable. The Inflation Reduction Act will be one of the greatest misallocations of federal resources in American history. The bill has many moving parts, but here’s a simple way to sum up its macroeconomic impact: It would transfer about a quarter of a

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Posted: August 7, 2022 Sunday 12:52 PM