7th Inflation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

It's been less and so all of this i think we would agree is a major factor of why biden's approval rating is sitting in the low 80s. inflation broken out separately as a significant issue for americans. that's the inflation picture. >> wow. >> steve, larry summers and a few others warned us a few years ago, what's a way out of this and what's your recommendation and what's larry summers' recommendation and to the feds and the white house and congress, what needs to be done? >> at this point we used call team trans itory is off the field. jay powell's hearing yesterday

Should care about here. much, much worse than what i saw 25 years ago. it's the same thing people care about their groceries and taking care of their families. >> that's reflected in national polls this week which shows january 6th had fallen down and covid-19 fallen down a little bit and at the top of minds of american voters because of everything that's happening in the country right now and everything you said, inflation being at the top of that list. everything is costing and we just saw 70% of inflation and gas prices doubled and all the things that affects people lives. that does not mea...

Americans? not good and surprisingly. i am sure you have read about increasing wages. it has not gone up faster especially people at the bottom with higher minimum wages. none the less, on average this inflation, the 7th inflation last year wiped out all the wage gained by the average americans by a margin. i broken out a few professions on the left you can see fallen behind, information, health and manufacturing all well below the 7%. overall was the turquoise part in the middle. wages when up 5%. that's 1.2% less than inflation. you had some folks on the right, people driving amazon trucks, ...

To care about january 6th. you got to hold this and continues the investigation and you worry about things that do move people because how you address inflation, how you address the supply chain and how you address immigration and the southern border, eugene, those are the actual issues that's going to determine how people are going to vote. it's not going to be on january the 6th. it's going to be what impacts the people tomorrow. >> part of that is leadership. following what voters want only or also about telling them what the truth is. making sure that people realize donald trump is the way...

Out how to chew gum at the same time. the white house is trying to figure out what's the messaging around inflation and how do we talk about getting back to build back better bill and how do you talk about the infrastructure bill. we are thinking about how important democracy is. it's a hard balance. it's not something that's animating voters right now. i honestly find it shocking. i think about it quite a bit. >> there is been a lesson for i think a lot of us over the past five years. the things that donald trump did day in and day out that were so shocking and ill-liberal that led to january...