Brian Deese: Biden’s Economic Policies Reflect the Fact that Fighting Inflation Is His Top Priority

‘We can do that from a position of economic strength because of the historic recovery that we have seen’

EXCERPT:

DEESE: "Well, you’re right, it is ambitious. It reflects the fact that the President has made fighting inflation his top economic priority. We can do that from a position of economic strength because of the historic recovery that we have seen, strongest job market rebound in modern history, most small businesses created ever during a recovery, and household balance sheets have improved, savings is up and debt is down. So now the question is, how do we make progress? The President outlined the steps that he can take. The good news is that some of them we can do directly with our executive authority. Releasing oil from the Strategic Petroleum Reserve, building more affordable housing, helping reduce internet bills for millions of Americans, helping to unclog our supply chains in our ports. These are steps we can take on our own, but absolutely we need some help from Congress as well. And you take something like reducing the cost of prescription drugs, for many Americans that’s among their top — their top bills at the end of the month.”

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