Originally published at Fox News
Fortune magazine headline insists people ‘should be happy’ about inflation
September 21, 2022
A Fortune magazine headline suggested that record-high inflation rates should actually make people “happy” in an article published on Saturday.
The article, written by Fortune editorial writer Tristan Bove, was titled “Why you should be happy about inflation and worried about something else, economic historian and professor Brad DeLong says” and focused on DeLong’s claim that inflation could actually be a positive sign for the economy.
“DeLong argues that there is a major economic shift taking place that people should welcome. It all has to do with our strange but kind of wonderful post-pandemic economy,” Bove wrote.
Accuracy in Media President Adam Guillette joked, “Americans: ‘I can’t afford gas, food, or energy prices.’ Fortune Mag: ‘You should be happy about inflation, there are worse things.’”