KJP Dodges On 'Inflation Reduction Act' Not Bringing Down Inflation
KJP Dodges On “Inflation Reduction Act” Not Bringing Down Inflation
#shorts On 12/9/2022, a reporter asked White House Press Secretary Karine Jean-Pierre, “So, we saw the — we saw the Producer Price Index come down a bit, but it’s still above 7 percent. The Federal Reserve Chairman says that core inflation may be moving sideways. We get a CPI inflation reading again next week. So if Americans don’t see significant progress on inflation, does that mean the Inflation Reduction Act — early next year — hasn’t worked?”
MS. JEAN-PIERRE: Well, it — okay, let’s step back for a second …
Reporter: Yeah, but you had said the inflation — before the midterms, you told me that the Inflation Reduction Act should bring down inflation early next year. So if it doesn’t do that significantly, is that seen as, then, a failure?
MS. JEAN-PIERRE: Well, that — first of all, you’re — that’s a bunch of hypotheticals that you’re asking me … You’re bringing up a hypothetical. What — what I said was, again: What we — what was — what was the analy- — analysis that was done by economists. And I just laid out also how we see the Inflation Reduction Act is actually going to help the American people, and that matters. And, you know — you know, I have to say, Ed, you — and just going back to the past several months as well — look, the Inflation Reduction Act was a piece of legislation that was signed by the President that was only passed by Democrats. And what you saw from Republican officials over the past several months is how they wanted to get rid of it …
other clips of this published longer video is here: https://youtu.be/Kf3JViPtgY8 KJP Dodges On “Inflation Reduction Act” Not Bringing Down Inflation