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E58: November's CPI, preparing for a downturn, macro outlook, Better.com's botched layoffs & more
All-In with Chamath, Jason, Sacks & Friedberg
Is the Buildback Better Bill Going to Fight Inflation?
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Inflation is now at six point eight per cent, and looks like it's headed to seven. The administration has not adjusted course in light of this data. They're just changing the arguments they're using, as opposed to changing ther their legislative priorities. This is not what bynon was elected to do. He never got a mandate for this kind of bill. We don't need it. Ten dols, we aa wanting to do an inferst bill, but we didn't want them to spend so much money on stimulus that will make inflation worse.
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