4.2 • 614 Ratings
🗓️ 18 April 2022
⏱️ 6 minutes
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0:00.0 | presented by the American Beverage Association. |
0:04.8 | Hey, good morning, playbookers on Rulgu, Mnobalovalin. It's Monday. Today's big question, |
0:09.6 | how should Democrats discuss inflation? It's your Politico Playbook Daily Briefing. |
0:20.0 | Democratic strategists have split in two over how to discuss inflation. |
0:23.6 | One camp tends to blame the media for focusing too much on the issue at the expense of positive economic news, such as low unemployment. |
0:30.6 | This group brings up statistics buried beneath the headlines that suggest inflation isn't all that bad. |
0:35.6 | Simon Rosenberg of Ndn had this to say recently, |
0:38.5 | quote, some context on inflation. It is high, but wages, stocks, home prices are also way up. |
0:44.6 | People who are really feeling it are those who use a lot of gas. For most everything else, |
0:48.6 | it's a modest two to three percent net increase. Net Grocery Bill has gone from $100 to $102.80. But privately, more and more |
0:57.4 | Democrats see inflation in far more dire terms, and not just for their prospects in elections this |
1:02.8 | year. One top progressive sound of the alarm over the weekend on a widely read off-the-record |
1:06.8 | email list. The author gave us permission to quote from their missive, danger. Inflation is a |
1:11.3 | third rail, which was bouncing around lefty circles on Sunday night. A couple of things |
1:15.5 | stood out to us. One, some progressives now see inflation as an accelerant for both fiscal |
1:20.5 | conservatism and authoritarianism. The former is undoubtedly true. Inflation concerns have already |
1:26.0 | killed Biden's social welfare proposal |
1:27.9 | and pushed them to embrace deficit reduction. But our anonymous progressive warns of something |
1:32.8 | darker, quote, obviously inflation does not always lead to authoritarianism. But when it is a feature |
1:37.9 | of the political environment, it often compounds the weakness of regimes already under stress. In that |
1:43.1 | environment, the appeal of a strong |
1:44.7 | leader who can just fix it, becomes considerably more appealing both to the population and leading |
... |
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