Key miscalculations that impacted inflation
Clip: 11/16/2021 | 7m 49sVideo has Closed Captions
Key miscalculations that impacted inflation, and how Biden's spending bill could affect it
Americans are increasingly feeling the sting of inflation. Up more than six percent compared to a year ago, inflation is taking a bite out of their paychecks — particularly for middle and lower-income Americans. Larry Summers was treasury secretary for President Clinton and director of the National Economic Council for President Obama. He joins Judy Woodruff with more on rising costs.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Key miscalculations that impacted inflation
Clip: 11/16/2021 | 7m 49sVideo has Closed Captions
Americans are increasingly feeling the sting of inflation. Up more than six percent compared to a year ago, inflation is taking a bite out of their paychecks — particularly for middle and lower-income Americans. Larry Summers was treasury secretary for President Clinton and director of the National Economic Council for President Obama. He joins Judy Woodruff with more on rising costs.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...