but there are also some protections this morning that things are looking up and some prices are going down. joining me right now is mark sandy, the chief economist for moody's analytics. it's very clear the white house has had this big spending bill will help control inflation. it's also clear joe manchin doesn't agree. who is right? >> i would say neither. it's neither here nor there when it comes to inflation, kate. this is about long-term economic growth. all else being equal, this should take the edge off, improve labor productivity, that's the infrastructure part of the bill. it should help to grow labor force participation. inflation is really not the issue when it comes to this piece of legislation. >> which is why i wanted to ask you, because it's interesting it's come so much into the conversation about this legislation of recent.