The media continues to downplay mass inflation in today’s economy , including New York Times columnist David Brooks, who encouraged a "white-hot economy" and said he has a "high tolerance" for inflation. "I want a white-hot economy," he said. "I want a white-hot economy that will raise wages at the bottom, which is happening, that will bring people back into the labor force, which is happening, which is spreading the wealth around the country and not concentrating in a few cities." Brooks' push for a hyperactive economy is due to his recognition of society "coming apart" in recent years, he said, in areas like income inequality and labor. But the consequence of these pressures is what’s causing inflation to surface. "Since we can’t really fine-tune an economy, we’re probably overheating and we’re getting inflation," he said. Post-pandemic inflation, he said, is less of a threat than Jimmy Carter’s inflation of th
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