Three Ways to Get Serious About Inflation
Heritage Explains
Heritage Podcast Network
4.7 • 847 Ratings
🗓️ 31 May 2022
⏱️ 21 minutes
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Summary
We are all feeling the pressure of the economy. But President Biden insists that our economy has gone from being "on the mend to on the move." So what is the real story with our economy? On this episode Joel Griffith paints a clear picture, and explains the three things Congress must do to get back to prosperity.
Show Notes
Three Things Congress Can Do To Get Serious on Inflation - https://www.heritage.org/budget-and-spending/commentary/three-things-congress-can-do-get-serious-inflation
Prior Explains Episodes
Stagflation: https://www.heritage.org/budget-and-spending/heritage-explains/stagflation
Inflation Explained: https://www.heritage.org/budget-and-spending/heritage-explains/the-real-story-behind-inflation
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Transcript
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| 0:00.0 | From the Heritage Foundation, I'm Tim Desher, and this is Heritage Explains. |
| 0:20.3 | And this is Heritage Explains. |
| 0:32.3 | We are all feeling the pressure of the economy. |
| 0:35.0 | We keep saying it here. |
| 0:37.1 | Things are bad. In fact, a recent Gallup poll shows that only 20% of Americans think the economy is good or excellent. That's 20%. That means 80% aren't necessarily happy. I wonder what President Biden thinks. Here he is over the last |
| 0:59.0 | couple weeks. We look at the economy today. It's clear we've made enormous strides. And our plans |
| 1:07.2 | and our policies have produced the strongest job creation economy in modern times. |
| 1:13.5 | When I came to office, we took a different approach across the board. With the American Rescue |
| 1:18.1 | Plan and other actions, we started to grow the economy from the bottom up and the middle |
| 1:22.5 | out. And as I see everything across the country is, as I go across the country, our economy is gone from being on the mend to on the move. |
| 1:41.3 | From being on the mend to on the move. |
| 1:45.0 | Mm-hmm. |
| 1:47.0 | I guess if he keeps saying it, it's true. |
| 1:51.0 | But not according to our checking accounts, Mr. President. |
| 1:56.0 | In fact, it seems like the economy is getting worse each day. |
| 2:01.6 | So let's get right to the truth. |
| 2:03.6 | Let's paint a picture of where this economy is. |
| 2:06.6 | Joel Griffith is a research fellow here at the Heritage Foundation. |
| 2:09.6 | He's a frequent guest of explains. |
| 2:11.6 | You know him, you've heard him, and you know that he knows this economy inside and out. |
| 2:19.2 | On this episode, he's going to go through the three things we should do to get serious |
| 2:23.7 | about inflation and the things we can do to make this economy better. |
... |
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