The White House’s Brian Deese on Supply Chains and Biden’s Economic Agenda
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 24 February 2022
⏱️ 44 minutes
🧾️ Download transcript
Summary
GDP is booming. The labor market is booming. However inflation is elevated, and consumer sentiment is deeply depressed. So where does the White House go next with its economic strategy? On this episode, we speak with Brian Deese, the director of the National Economic Council under President Joe Biden. Deese walks us through what the White House has done over the last year on supply chains, what's working, and where the administration is going next with its economic agenda.
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| 0:42.9 | Hello, and welcome to another episode of the Odlots podcast. I'm Joe Wisenthal, |
| 1:00.2 | and I'm Tracy Allaway. Tracy, obviously, as we talked about all the time, one of the most |
| 1:06.8 | extraordinary moments in the economy that I think we've ever seen. So many different debates. |
| 1:12.8 | Obviously, inflation is elevated. The labor market is booming. Growth is booming. The dispersion |
| 1:19.9 | of views about how good things are, how bad things are, what to be done policy-wise. I don't think |
| 1:25.7 | I've ever seen it as wide as it is right now. No, it's funny. We talk about how you should never |
| 1:30.9 | call a turning point in the broader economy, or at least we used to, but it does actually feel like |
| 1:37.0 | we entered a new environment over the past year or so. Of course, the big questions here are to |
| 1:42.8 | what degree our supply chain constraints coinciding with booming demand and creating the inflationary |
| 1:50.7 | pressures that we've seen recently. Well, we have a great guest to talk about what's going on, |
| 1:56.4 | and of course, the policy responds, and I want to jump right into it. We are going to be speaking |
| 2:00.6 | with Brian Deese. He is the director of the National Economic Council serving President Joe Biden |
| 2:06.6 | as a top advisor on policy on getting things done. So Brian Deese, thank you so much for coming |
| 2:13.0 | on Odlots. Thank you for having me. So let me just start with like this simple first question, |
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