It costs more to pay rent each month and to fill up a tank of gas every week and to put food on the table every day. So, at a moment when the dollar doesn’t go as far as it once did, should Americans worry that injecting another $1.85 trillion into the economy might increase inflation?
No, Jen Psaki told Peter Alexander this week. And why not? Well, the White House press secretary explained to the NBC News correspondent, “because no economist out there is projecting that this will have a negative impact on inflation.”
Of course, that isn’t true. There are many economists out there and some of them do warn that the Build Back Better plan will further increase the prices that dog consumers and