Transcripts for CNN The Funeral of Colin Powell 20211105 15:

CNN The Funeral of Colin Powell November 5, 2021 15:14:00

things like if you build more housing, that should reduce the price pressure for housing, which is also a big deal besides gas prices right now. but those take a while to work their way through the system. i think it's a little bit overly optimistic to suggest that we would see any immediate change today. the big problems for inflation as john pointed out, have to do with supply chain issues, that people have savings that they're eager to spend at this point, and there aren't as much ass to spend that money on or at least they're a little less attractive so people are trying to buy goods, trying to buy toys and bikes and atvs and whatever else. so there's been a huge demand for goods at the same time that the supply chain has made it much more difficult to get those goods to consumers. so it's hard to see how these two marquee agenda items of the biden administration would really address those immediate problems, although as john

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