Zakaria: Politics Is Trumping Economics. It Might End Badly.
Share
As inflation spikes to a pace not seen since the 1980s, experts are debating whether this phenomenon is worrying and long-term or benign and transitory.
For decades in country after country, economics trumped politics, says Washington Post columnist Fareed Zakaria. But now, from China to Turkey to the United States, he says politics is trumping economics.
This allows politicians to engage in protectionism and short-term gimmicks to prevent ordinary people from feeling the pain of a crisis, Zakaria says. In the long run, however, he wonders if it is these same ordinary people who will have to pay the price.
Read More at The Washington Post
RELATED TOPICS:
Millions of Americans Like Trump Better in Theory Than in Practice
Opinion /
2 hours ago
Fresno Stabbing Leads to 7-Hour SWAT Standoff and Arrest, Suspect Identified
Crime /
3 hours ago
Suspect in Minnesota Lawmaker Killing Visited Other Legislators’ Homes, Prosecutors Say
Crime /
1 hour ago
Spyware From US-Backed Israeli Firm Targeted European Journalists, Report Finds
World /
2 hours ago
Israel’s War of Choice With Iran Puts Trump in a Bind
Opinion /
2 hours ago
Tulare County Authorities Arrest Man in Dinuba Shooting
Crime /
2 hours ago
Fresno Murder Suspect Arrested in Madera County Following Shooting
Crime /
2 hours ago
Millions of Americans Like Trump Better in Theory Than in Practice
Opinion /
2 hours ago
Fresno Stabbing Leads to 7-Hour SWAT Standoff and Arrest, Suspect Identified
Crime /
3 hours ago
Suspect in Minnesota Lawmaker Killing Visited Other Legislators’ Homes, Prosecutors Say
Crime /
1 hour ago
Spyware From US-Backed Israeli Firm Targeted European Journalists, Report Finds
World /
2 hours ago
Israel’s War of Choice With Iran Puts Trump in a Bind
Opinion /
2 hours ago
Tulare County Authorities Arrest Man in Dinuba Shooting
Crime /
2 hours ago
Fresno Murder Suspect Arrested in Madera County Following Shooting
Crime /
2 hours ago
Millions of Americans Like Trump Better in Theory Than in Practice
Opinion /
2 hours ago
Fresno Stabbing Leads to 7-Hour SWAT Standoff and Arrest, Suspect Identified
Crime /
3 hours ago
Latest
Videos

World /
52 minutes ago
Global Markets Recover on Iran Ceasefire Reports, Central Banks in Focus

Crime /
1 hour ago
Madera Man Sentenced to Over 21 Years for Fentanyl, Meth Trafficking

Crime /
1 hour ago
Suspect in Minnesota Lawmaker Killing Visited Other Legislators’ Homes, Prosecutors Say

World /
2 hours ago
Spyware From US-Backed Israeli Firm Targeted European Journalists, Report Finds

Opinion /
2 hours ago