Yellen Admits Inflation Error – Best of the Web, WSJ
US Treasury Secretary Janet Yellen admitted Tuesday that she had failed to anticipate how long high inflation would continue to plague American consumers as the Biden administration works to contain a mounting political liability.
Why ‘Do Something’ on Gun Control Won’t Work – Daniel Henniger, WSJ
A sad political truth is that over time, do something often produces less of its intended good. The social cost of this nonperformance is significant: a spreading loss of faith in the governing system.
Job Openings Remain at Record High – Heritage Foundation
Data released Wednesday shows job openings remain at record highs. With 11.4 million job openings, there are 1.9 jobs available for every unemployed worker. At this time in 2019, with a strong labor market and economy, there were 4.1 million fewer job openings because more Americans were working than are today.