"But while Republicans insist they will be better stewards of the economy, few economists on either end of the ideological spectrum expect the party’s proposals to meaningfully reduce inflation in the short term. Instead, many say some of what Republicans are proposing — including tax cuts for high earners and businesses — could actually make price pressures worse by pumping more money into the economy. “It is unlikely that any of the policies proposed by Republicans would meaningfully reduce inflation in 2023, when rapidly rising prices will still be a major problem for the economy and for consumers,” said Michael R. Strain, an economist at the conservative American Enterprise Institute."
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Jim Tankersley and Emily Cochrane, “Republicans Denounce Inflation, but Few Economists Expect Their Plans to Help”, New York Times, (Oct. 26, 2022)
https://en.wikiquote.org/wiki/Inflation
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Inflation
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