Expensive energy is really bad
The economy and energy industries will always be intrinsically linked. The price of electricity and home energy use (for most Americans) is rising significantly faster than wages. Of course, this isn't solely due to inflation. However, it cannot be denied that the state of the economy is partially to blame. While there isn't a straightforward solution to this problem, Matthew Yglesias explains how expensive oil and gas results in everyday economic hardship, why it's a grave problem that policymakers should address and what could help ease this financial crisis.
From Matthew Yglesias