Friday's jobs report, and a slew of other data, shows going big and going early works.

Far from signaling the return of significant inflation, temporary price increases are exactly what one would expect in a recovery following an economic shutdown. Whether those peddling inflation fears are pursuing their own agenda or simply jumping the gun, they should not be heeded.

The confidence of Americans in the U.S. economy slipped in May for the first time in six months as they grew more worried about job prospects and higher...