Breitbart Business Digest: The Chip Shortage Saved Us from the Biden Bux Inflation Disaster

Breitbart Business Digest: The Chip Shortage Saved Us from the Biden Bux Inflation Disaster


Our hats are off to whoever in the White House came up with the idea of sending people special debit cards for the purpose of buying gasoline. But not because this is a prudent policy. Quite the opposite.

It is one of the looniest policy ideas that we have ever heard. Yet it perfectly exemplifies the Biden administration’s approach to problems of public policy: when you encounter a problem, throw money at it.

Just in case anyone from the Biden administration is reading this—furtively, on a private server no doubt—let us explain why this is such a bonkers response to the problem of high gas prices. The price of gas has risen because demand has far outpaced supply.

How’d that happen? Let’s look

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