Biden Chief Economist Tells CNBC Anchor Prices ‘Absolutely Are an Issue’

‘They’re affecting families where they are, but they’re also affecting sentiment and the outlook’

(Via Mediaite)

In a new CNBC interview, National Economic Council Director Brian Deese conceded that price increases due to inflation “absolutely are an issue” right now

On Friday morning’s edition of CNBC’s Squawk Box, co-anchor Joe Kernan hosted Deese for an interview on a range of topics that included the price inflation that has roiled President Joe Biden’s economic message for months.

Kernan pressed Deese about Sen. Joe Manchin’s consistent concerns over inflation with regard to the Build Back Better bill, asking “Don’t you think he can say, and don’t you think the people of West Virginia would say what he has been warning about has been validated? Why keep trying to just ram this through when he obviously is probably not going to go for it, and looks like he’s been vindicated and validated?”

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