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Squawk Pod

Build Back Smaller, Come Back Workers! 8/8/22

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 8 August 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

In a tight vote after a weekend vote-a-rama, the Senate passed the Inflation Reduction Act, sending the legislation to the House. Brian Sullivan and Ylan Mui discuss the climate, health care, and tax bill as a “zombified” Build Back Better bill, and White House CEA member Jared Bernstein explains how the Democratic party envisions its impact on inflation, American families, and corporate players. Plus, workers are returning to the office en masse–or are they? Harvard Business School professor Tsedal Neeley and “employee whisperer” Jason Greer discuss the expectations from both employees and employers as the extended WFH season comes to a close. In this episode: Tsedal Neely @tsedal Jason Greer, @LaborDiversity Jared Bernstein, @econjared Ylan Mui, @ylanmui Brian Sullivan, @SullyCNBC Andrew Ross Sorkin, @Andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0

Bring in show music please.

0:03.0

Hi, I'm C NBC producer Katie Kramer today on Squawk Pod.

0:08.0

The bill is passed.

0:10.0

The sweeping climate health and tax package gets through the US Senate next steps for the inflation reduction act

0:17.1

See NBC's Brian Sullivan today with Elon Mui

0:20.0

This is basically build back better in sort of a

0:23.0

zombified form.

0:25.0

Build back smaller.

0:26.0

And the bottom line for the average American,

0:29.0

with White House Council of Economic Advisors member

0:31.0

Jared Bernstein.

0:32.0

You're talking about a measure that's going to of Economic Advisors Member Jared Bernstein.

0:32.8

You're talking about a measure that's going to significantly reduce costs in some areas where

0:37.8

family budgets really pitch.

0:40.3

Plus, the mass return to the office, but we're not the same workers we were in 2020.

0:46.0

Harvard Professor Siddal Neely.

0:48.0

Managers should not be surprised by now what people's preferences are, what people's needs and changes are.

0:54.4

It's Monday, August 8, 2022,

0:57.1

Squack Pot begins right now.

1:00.0

Three, two, one, his mic is here.

1:03.8

All right, good Monday morning everybody

1:05.1

and welcome to Squawk Box right here on CNBC.

...

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