Steve Forbes is usually right and never more so than on the issue of inflation.
Two comments:
* The greatest damage to an economy is done when neither party is on top of the issue. That seems to describe the present moment.
* It takes about one generation--twenty or so years--to unlearn a lesson in economics. When was inflation licked? Early 1980s--twenty five years ago. The young of today have no idea of how the Carter years damaged this country, while the older have conviently forgotten.
