Many economists have rightly argued the main reason there are so many open jobs available today is that there are now too many COVID-related relief programs. These provide such substantial unemployment benefits to nondisabled workers they actually discourage the seeking of employment. Further, economists across the political spectrum — including Larry Summers, who served as director of the National Economic Council under President Barack Obama — have said that government and central bank programs are causing inflation and that additional spending could lead to an even greater, potentially catastrophic inflation spike. Rather than pursue policies to reduce inflation and encourage...