Prices that keep spiking. We begin with peter. Charles, good afternoon. President biden says he wants to spend a few trillion more because the trillions hes spent on Pandemic Relief have been panning out. We needed to act quickly and boldly to save jobs, save lives. We had a more than 600,000 jobs a month since ive taken office. 3 Million jobs all told. Its the fastest growth at this point in any administration on record. That kind of Fast Growth and fast spending means inflation. Inflation has increased notably and will remain elevated before moderating. Thats as some republicans are against letting the government intervene the way the president wants. This bill has been looked at from people on the right and left. It does not add to inflation. The democrats are doing with the 3. 5 Trillion bill would add to inflation. Have a look at this video from this afternoon. Know masks, no social distancing. Lots of touching, which is normal for a biden exit. But its notable because he endorsed
Debt generated by health insurance premiums is growing; Postfinance clients are a target of scammers; and other Swiss news in our roundup on Wednesday.