Off-kilter With Rebecca Vallas

The Real Culprit Driving Inflation? Corporate Greed.

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Synopsis

With the clock ticking on Democrats’ “Build Back Better” legislation, which passed the House last month and now awaits Senate action, West Virginia Senator Joe Manchin has cited yet another in a never ending string of “new” reasons for withholding his support for the bill. This time? Inflation.  On Tuesday, during a Wall Street Journal CEO Council Summit, Mr. Manchin said of inflation to a roomful of corporate CEOs: “The unknown we’re facing today is much greater than the need that people believe in this aspirational bill that we’re looking at and we’ve got to make sure we get this right.” Sen. Manchin, of course, isn’t alone in singing that tune, with Republicans already testing out their attack ads for the 2022 midterms and conservative media outlets blanketing their airwaves for months with baseless claims that rising inflation is due to pandemic recovery spending.  So, to help separate fact from fiction in the inflation debate, Rebecca sat down with two of the leading progressive economic voices working