Asked by Tapper if he was frustrated that House progressives' demands to not vote on the physical infrastructure bill until the social infrastructure bill was also ready for a vote, Buttigieg said both pieces of legislation are needed to address the current issues stemming from the pandemic, including inflation.
"One thing that has not been talked about enough is (Moody's) finding about how the overall "Build Back Better" vision is designed to reduce inflationary pressures. So if you care about inflation, you ought to care about not just the supply chain issues, not just the infrastructure things I work on, but also the provisions in "Build Back Better" like paid family leave, like making it easier to afford childcare, like community college, that are going to give us a stronger labor force and help us deal with that major constraint on economic growth," he said.
http://www.cnn.com/2021/10/17/politics/pete-buttigieg-supply-chain-issues-cnntv/index.html
Not sure how paid family leave will help lower inflation, but some of the other pieces may help in the long term. Point is we need antidotes to inflation now, and the bipartisan infrastructure bill works to that effect in a much shorter timeframe.
No doubt the economy is booming but overheating, and we have to satisfy the demand pronto, by fixing whatever ails the supply chain in the US while globally the problem persists, anywhichway…..and it’s not going to be quick nor easy.
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