America will pay for its spending binge

unherd.com/2025/10/america-will-pay-for-its-spending-binge

“We can grow 4%,” said the business journalist and former Donald Trump advisor Larry Kudlow after the US stock market set new records last week. “The Fed has 5,000 PhDs,” he said, channeling the administration’s claim that the establishment just doesn’t get how the economy is being…

This story appeared on unherd.com, 2025-10-01 23:01:10.
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