
Republicans want to take over Congress and come Tuesday they might get their wish. Assuming they win both the House and Senate, they will face enormous challenges: a country still heading into a recession, inflation still high and rising, government deficits and debt as far as the eye can see, regulations strangling the production of energy, and much more. For these reasons, I offer some suggestions of what a victorious GOP should do over the next two years.
It's no secret that inflation isn't getting better. The latest numbers show that core inflation continues to rise, closing the door on the prospect of a speedy return to the Federal Reserve's 2 percent target. Meanwhile, workers see the prices of food and rent going up quite dramatically, while their real wages go down. Whether they feel like they created the problem or not, Republicans should make the fight against inflation their top priority.