Joe Biden's inflation whisperer

The Conversation with Dasha Burns

POLITICO

News, Politics, Government

4.0 • 1.6K Ratings

🗓️ 17 December 2021

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Unemployment is dropping and the economy, by many measures, is humming. But spiraling inflation is creating a serious drag on the economic recovery and hurting President Joe Biden's approval ratings. This week Playbook co-author Ryan Lizza chats with Jared Bernstein, a member of Biden’s Council of Economic Advisers, and POLITICO’s Kate Davidson about Build Back Better and the administration’s response to rising costs throughout the economy. Jared Bernstein is a member of the White House Council of Economic Advisers.Kate Davidson is the author of POLITICO's Morning Money.Ryan Lizza is a Playbook co-author for POLITICO.Kara Tabor is a producer for POLITICO audio.Carlos Prieto is a producer for POLITICO audio.Jenny Ament is the senior producer for POLITICO audio.Irene Noguchi is the executive producer of POLITICO audio. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Once when he was vice president and I was talking to him about something he didn't like
0:07.2	the way I was explaining it and he said go out there and explain that to my administrative
0:12.6	assistant.
0:14.3	When Joe Biden was vice president he wanted the economy to explain to him like an everyday
0:19.6	Joe.
0:20.6	Like he forced me to go outside and try to and she was like literally just literally
0:23.7	happened.
0:24.7	Yeah and she's like Jared I'm trying to get my work done here could you leave me alone
0:28.2	like he wanted me to come explain to you.
0:30.9	And now as president Biden has the same economic advisor and a whole different set of problems.
0:39.3	I'm Ryan Liza and this is Playbook Deep Dive.
0:43.2	Inflation is the economic nightmare keeping Biden's advisors up in the middle of the night.
0:49.5	What keeps you up at night and what do you wake up worrying about in the morning?
0:52.6	I'll tell you I sleep like a baby I wake up screaming every two hours.
0:57.0	Oh John McCain lined.
0:59.9	For a long time now dating all the way back to the Obama administration Biden has been
1:04.8	listening to the same guy.
1:06.6	My name is uh keep forgetting oh sorry yeah uh my name is Jared Bernstein.
1:13.2	Jared Bernstein.
1:14.2	I am a member of president Biden's council of economic advisors.
1:19.0	He has the president's ear so what's he whispering into it and will his strategy work?
1:25.7	Hi Ryan and thanks for inviting me.
	...

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