{"id":1107860,"date":"2021-12-11T01:43:34","date_gmt":"2021-12-11T06:43:34","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1107860"},"modified":"2021-12-11T01:43:36","modified_gmt":"2021-12-11T06:43:36","slug":"w-h-council-of-economic-advisers-bernstein-building-back-better-does-nothing-to-the-current-inflation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/w-h-council-of-economic-advisers-bernstein-building-back-better-does-nothing-to-the-current-inflation\/","title":{"rendered":"W.H. Council of Economic Advisers&#039; Bernstein: &#039;Building Back Better Does Nothing to the Current Inflation&#039;"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fw-h-council-of-economic-advisers-bernstein-building-back-better-does-nothing-to-the-current-inflation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1107860&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/12\/Bernstein-1123-Thumbnail-640x335-1.jpg\" class=\"ff-og-image-inserted\" \/><\/div>\n<p>During an interview aired on Friday\u2019s \u201cPBS NewsHour,\u201d White House Council of Economic Advisers member Jared Bernstein stated that the Build Back Better reconciliation bill \u201cdoes nothing to the current inflation, to the things that we\u2019re talking about now, these month-to-month prints that we\u2019re describing today.\u201d But will lower costs in some other areas and help inflationary pressures in the longer term.<\/p>\n<p>Bernstein stated, \u201cI want to unequivocally say here, for the record, that Building Back Better ameliorates price pressures in the long run by helping to build up the economy\u2019s capacity, through greater labor supply, on the infrastructure plan, through investments in infrastructure. And these will ease long-term inflationary pressures.\u201d<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>He continued, \u201cIn the near term, Building Back Better does nothing to the current inflation, to the things that we\u2019re talking about now, these month-to-month prints that we\u2019re describing today. What it does do is help cut costs for middle-class and lower-income families, costs in prescription drugs, costs in child care, costs in education, costs in housing, some of the most challenging aspects of family budgets, Building Back Better helps to ameliorate those costs. It ameliorates near-term costs. It lowers inflationary pressures over the longer term.\u201d<\/p>\n<p><em>Follow Ian&nbsp;Hanchett on Twitter&nbsp;<a class=\"x5l\" href=\"https:\/\/twitter.com\/IanHanchett\" target=\"_blank\" rel=\"noopener external\">@IanHanchett<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>During an interview aired on Friday\u2019s \u201cPBS NewsHour,\u201d White House Council of Economic Advisers member Jared Bernstein stated that the Build Back Better reconciliation bill \u201cdoes nothing to the current &#8230;<\/p>\n","protected":false},"author":33,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1107860","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1107860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1107860"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1107860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1107860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1107860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1107860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}