and we do that by things like getting more people into the workforce. you and i have talked at length about why we need quality child care to get more people in the workforce. building out our infrastructure, so we can actually move goods across the country more cheaply so we can actually build more things. i think the core answer is, we need to build the producti capacity of this economy. we need more growth. we need more capacity in this economy. some of that can happen quite immediately, like some of the supply chain bottlenecks. some of that happens over time. but even the things that happen over time are urgent to start right now. we can start on things like child care right now, and they will start to make a difference. yeah, but there was $39 billion in the american rescue plan dedicated to child care. where d that money go? you could have been giving that out for months. we have a child care shortage now. that s a lot of money. great question. and one of the things that was
pandemic is driving supply chain bottlenecks and inflation coming from that the mood of the country, the pandemic, congress, the pandemic, whatever your legislative success is, the pandemic. even sports fans, is there going to be a game tomorrow because how many of these players are on covid protocol? what s the roster going to look like? look, it s obviously not a big deal in the grand scheme of things but sports is a huge past time for a lot of americans and basketball or football can be stressful for a lot of folks in this country that like to watch games. even non-sports fans. broadway has had a great difficulty staying open. there is a lot of things. the arts, culture, sports, schools, everything. not everybody is a sports fan. come on, we have a broader audience here. up next, the war over the ballot box. can democrats muscle through a voting rights law?
what is your time line you re planning for? so, outside economists are forecasting that over the coming months we will see the rate of inflation slow, so that when we finish up 2022, the rate of inflation may be roughly half of what it is today. importantly, the president is focused on this. the inflation we re seeing today is a mismatch of supply and demand. he has focused what he can do on the supply side in terms of using supply chain bottlenecks having people get back to work. and he also recognizes that the cost that families face is high and that underscores a lot of the investments part of the build back better plan which is about addressing costs in health care, child care and education. and as you mention today, this competition council s meeting. this is not about addressing inflation today but we know that strong economies can absorb the kind of disruptions we re seeing today much more easily. and a healthy economy, in our economy, is based on healthy
and the administration are certainly trying on the inflation part. the white house has been talking frequently about what they are trying to do to show that they care that americans are seeing higher prices, and that they are trying to address some of the supply chain bottlenecks that we have seen over the course of the pandemic. but if you look at the labor market, there are a lot of signs of strength in the labor market and i think you can see that jobs numbers yesterday. economists had forecast that it was going to be a very weak report, and that perhaps we would have even seen a net job loss for the month of january. but instead, we saw an increase, and i think economists would say that just points to the fact that there is momentum in the labor market, as you mentioned, those revisions show that the economy added more jobs than previously thought in those last few months of last year, and that momentum seemed to carry on into the new year despite the headwinds from the omicron var
an impact on their state s economy. some democrats say these appear to have caught the biden administration flat-footed. now the u.s. department of homeland security is warning similar protests might disrupt the super bowl in los angeles this weekend. reporter: some protesters blocking this major corridor between the u.s. and canada say they ll risk their lives to stay out here. three nights already, no sign of quitting. you would risk your life rather than leave this protest? 100%. absolutely 100%. reporter: protests now starting to bite deeply into the economy. supply chain bottlenecks, trucks backed up for hours across this bridge at port huron. automakers on both sides of the border starting to slow or altogether suspend production. windsor s mayor says while canadians have the right to protest, patience for an illegal