Inflation having big impact on Mass. public policy

Budget proposals are bigger, but they actually spend less

USUALLY, IF YOUR boss offers you a 5 percent raise, that’s good news. Right now, it’s a pay cut, thanks to inflation. That may sound strange, or depressing, but it’s our economic reality. Supply chain problems, war in Ukraine, and generous federal stimulus have driven inflation to triple or quadruple the expected rate. And we(...)

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