Biden and Yellen were right about containing the financial crisis. Though it does sound like the Fed might keep raising rates, although much of the inflation reporting is stupid.
Oh, and the GOP response to the banking crisis is predictably stupid as dirt.
UPDATE: Chait on the GOP response:
The “blame wokeness” strategy appears to be an effort to fill the howling void that exists where a coherent Republican analysis of this issue ought to be and instead divert attention to the party’s current fixation. But the whole assumption it draws upon is deeply weird. Are people supposed to assume that, back in the good old days when banks were run entirely (and not just mostly) by white men, there were never financial panics?
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