Governor of New York Wants To Hand Out $3 Billion And Bring Back Inflation

To investors,

Politicians are not economists, nor do they understand economics. We are reminded of this every few years.

The latest reminder comes from New York Governor Kathy Hochul. She put forward a proposal this week to give an “inflation refund” to nearly 9 million New York residents.

Here is the description of the new program from her announcement:

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