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Wrong. it s clear the administration is attempting to use higher prices to justify pushing prices even higher while americans want the administration to do something about inflation. more this month than last month. concern about inflation picking up to 85% among voters. we re learning the president plans to huddle with ceos here to hash out details of the build back better plan. the administration has talked about that as a way to bring down inflation. it s just not clear what exactly they think ceos are going to do to combat inflation. that s one of the economic ills that they re blaming on covid. charles: we re seeing that in earnings season. i want to get to karl rove. former chief of staff to ....
We want and there s no adverse consequences to it. that s baloney. you can t do that in your family and in your business and you can t do it as a country and you can t do it in the united states of america where we re the reserve currency of the world. the debt in 2008 was like $10 trillion. today it s $29. close to 29 trillion. relatively short period of time we have gone way up on the debt limit. charles: at least 50 u.s. cities are doing universal basic income. a lot of them using excess covid funds. it s free money. you give people money without any sort of demands that they look for work. they say that will kuhl our ales. here s what i m concerned about. the while house is making it clear. they re going after corporate america. they re blaming them for this. they re saying they re gouging, using, extorting. they ve used harsh language. ....
Annualize that, $6,000. that is something that if we can provide a break to those families to help them with the hard times they re having with the increase in inflation, seems like the right thing to do. but the majority won t offer a tax break. even though as you know charles: when we have when covid, the most recent massive economic crisis came out, around the world, one thing every country did was lower taxes. almost every country universe sally lowered taxes. that knew that the would keep the wheels of commerce going. doesn t seem like a economic question. feels like a political question. an idealogical situation. those folks you work with in new york state, they know history. they know math. isn t this more just about some form of ideology to punish as opposed to economics? ....
President bush. latest polling shows americans are concerned about inflation. many think it s here to stay. what does that tell us about the white house that is trying to handle this? they re tone deaf. if you went deeper, most americans think the principal cause of inflation, not the exclusive cause, is too much money chasing too few goods. part of that is a supply chain problem and the big part is the government is spending money left and right. as a result, we have on the demand side a bigger demand than normal and chasing too few goods. take the combination of the disruptions of covid and then the government spending money it doesn t have and borrowing from the future, and inflating the currency and you have pricing at ....
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