Thinker101
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- Mar 25, 2017
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Transportation Secretary and former South Bend, Indiana mayor Pete Buttigieg, says the first step towards cutting inflation back is for lawmakers in Congress to pass both the bipartisan infrastructure bill and the social spending bill.
However, other experts, like former Clinton treasury secretary and Obama economic advisor Larry Summers, has said that inflation will continue to be a problem. Summers said, “until the Fed & Treasury fully recognize the inflation reality, they are unlikely to deal with it successfully.”
Looney Tunes logic, spend a boat load of money to curb inflation.
Buttigieg On Social Spending Bill: "This bill will fight inflation." - 93.1FM WIBC
However, other experts, like former Clinton treasury secretary and Obama economic advisor Larry Summers, has said that inflation will continue to be a problem. Summers said, “until the Fed & Treasury fully recognize the inflation reality, they are unlikely to deal with it successfully.”
Looney Tunes logic, spend a boat load of money to curb inflation.
Buttigieg On Social Spending Bill: "This bill will fight inflation." - 93.1FM WIBC