Episode 212 : Inflation Fears and Biden’s Reality Check
President Biden will celebrate a victory tomorrow, signing the bipartisan infrastructure bill into law. But as the President heralds his accomplishments, he has also been running into a new economic reality, as inflation has surged 6.2%, the largest increase in 31 years. Not only the inflation fight could make it harder for Democrats to pass their social spending bill, but it also calls into question whether the Biden administration has a handle on this problem. The President acknowledged for the first time this week that inflation is “worrisome” – a response, perhaps, to the political…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.