Watch: Biden Economic Adviser Has the Dumbest 3 Words on How Admin Will Rebuild Credibility on Inflation
A top Biden economic adviser has one interesting idea of how the administration can rebuild its credibility on tackling inflation. CBS News’ Margaret Brennan, host of “Face The Nation,” confronted Brian Deese, White…

A top Biden economic adviser has one interesting idea of how the administration can rebuild its credibility on tackling Inflation.
CBS News’ Margaret Brennan, host of “Face The Nation,” confronted Brian Deese, White House director of the National Economic Council, on Sunday, about administration officials’ assertions last year that Inflation would be “transitory.”
“From the beginning of the pandemic through now, as you can see, the tick-up began a good year before the war in Ukraine began. A number of economists, including at the San Francisco Fed, have said that the tremendous fiscal spending that went underway, the 6 trillion in two years, did add to , including, as you can see, right on there, the 2 trillion that the Biden administration pushed through in the spring of 2021,” Brennan said.
She asked, “When people look at that, and they say, well, the White House told us why that Inflation would be transitory. The White House told us we could go through with this kind of spending, we’d be fine. Even when Democrats within your own party were warning this would add to Inflation. How do you win credibility here to the public and say, this time, we’re not wrong?”
Deese responded, “Well, you just have to look around the world today to recognize that the two principal drivers of Inflation


