Are we too worried about inflation, but not worried enough about deficits?
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This was supposed to be infrastructure week, remember? It turned out a little bit differently. Catherine Rampell of the Washington Post and Nela Richardson of Redfin joined us to talk about it. With the recent jobs report stirring fears of inflation, are we worrying too much about rising prices in the economy? Then: We’re going to be borrowing a lot of money in this economy over the next eight to 10 years, yet White House advisers, including Council of Economic Advisers chair Kevin Hassett have basically said, “Deficits? Meh.” We’ll explain the fiscal flip-flop in the Republican Party.
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