Biden Economic Adviser Calls Former Obama Adviser Summers ‘Flat-Out Wrong’ on Risks to Inflation

EXCERPT:

BERNSTEIN: “The White House economic team is in complete consensus on the urgency of the need for this American Rescue Plan and in complete solidarity on the calibration of this plan, that it's -- that it’s of the magnitude to meet the challenges we face. Again, the -- with respect to Larry and his piece, it’s just flat-out wrong that our team is quote, 'dismissive' of inflationary risks.”