2min chapter

The Intercept Briefing  cover image

How Fiscal Hawks Are Using Inflation as an Excuse to Tamp Down Worker Power

The Intercept Briefing

CHAPTER

The Intercept's John Schwartz and Ken Klippenstein

Obama's former economic adviser, larry somers, immediately blasted the bill. He warned of accelerating inflation as a result. Nobody really knows if this is going to reduce inflation. It might, but it won't happen for a while. None the less, like in the long term, it could do some things that will be very positive for americans in general.

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