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For Democrats, the pain of inflation is no reason to stop spending

Posted on AllSides July 26th, 2021
From The Left
ANALYSIS

Inflation doesn't matter.

That's the message Democratic leaders are sending as they try to push more than $4 trillion into the economy to build infrastructure, fight climate change and ease the financial cost of child and elder care for families.

President Joe Biden says the 5.4 percent increase in the price of a basket of goods over the 12 months that ended in June is "temporary," and a private White House presentation obtained by NBC News encourages Democratic lawmakers to focus on how Biden's plan "lowers costs for working families rather than how it gets people...

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https://www.nbcnews.com/politics/politics-news/democrats-pain-inflation-no-reason-stop-spending-n1274917

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