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The Fox News Rundown

From Washington: The Implications Of Rising Inflation

The Fox News Rundown

FOX News Podcasts

Daily News, News, Politics

3.41.7K Ratings

🗓️ 14 November 2021

⏱️ 28 minutes

🧾️ Download transcript

Summary

New data this week showed the Consumer Price Index (CPI) had gone up 6.2% in October, from a year ago, becoming the biggest inflation surge in more than 30 years. The White House is insisting that the infrastructure bill that recently passed in Congress and the social spending bill that Congress is still working on will ease inflation, but is more big government spending really the answer? Former economic adviser to President Trump, Stephen Moore joins to explains why he is a critic of President Biden's economic policy and why he thinks it will only cause inflation to go up more. As of last week, children ages 5 to 11 are now eligible to get the Pfizer COVID-19 vaccine. Since then about a million children have had their first dose. The vaccination push for kids comes as many families are getting ready to gather for the holidays. Senior Director, of New York City's System-wide Special Pathogens Program, Dr. Syra Madad weighs in on the latest coronavirus guidance, what she's hearing from parents about getting their kids vaccinated and her thoughts on family gatherings for the holiday season. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:01.7

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0:07.3

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0:10.2

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0:13.9

Fox.

0:14.9

Sunday, November 14, 2021.

0:22.4

I'm Jared Halpern.

0:24.0

Inflation fears trigger a spending debate.

0:27.0

Obviously if you print more money and flush it into the economy, you're going to create inflation.

0:33.0

And kids are getting vaccinated as COVID threatens another holiday season.

0:38.0

It's certainly welcome news, but in terms of the pace, we hope that the pace actually increases.

0:44.8

This is the Fox News rundown from Washington. The price of well pretty much everything is up and that's not just complaints. New data this week showed the consumer price index, a measure of the price of all kinds of things like gasoline, groceries, and housing was up 6.2% from a year ago.

1:13.3

It's its highest level in more than 30 years,

1:16.2

according to the Labor Department.

1:18.0

Fears of inflation have been swirling for months

1:20.5

as the economy began roaring back

1:22.3

from the pandemic shutdowns, in this week's report

1:25.0

only intensified debate over what policy makers should be doing.

1:29.3

The White House insists things like the Infrastructure Bill and the larger social spending measure

1:33.8

will ease inflation by investing in the supply chain

1:37.5

and freeing up income for child care and prescription drugs.

...

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