Joseph Stiglitz wrote in Project Syndicate
Professor Joseph Stiglitz wrote in Project Syndicate
Why the Inflation Reduction Act Is a Big Deal
No bill is perfect. In America’s money-driven politics, there will always be compromises with special interests. The IRA is not as good as the original Build Back Better bill, which would have done more both to promote equitable growth and to fight inflation. But we can’t let the perfect be the enemy of the good. Ultimately, the IRA is a very important step in the right direction.