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MSNBC All In With Chris Hayes June 4, 2024 08:14:00

Messaging, you can almost, on a graph, the inflation act reduction act is basically passed at the moment of highest inflation. now do i think that causally it is the case of the restriction with joe manchin on board, was what caused a reduction in inflation? no. but again, the way that it works is presidents take credit. and it is a fact that the democratic members of congress and the president signed legislation called the inflation reduction act, and if you look at the graph of inflation afterwards, it literally goes straight down. it does. and also, those deficit reduction wideman. for the national debt and the legislation. i remind that the rescue package, which was how to create so many jobs, and again support our state and local governments, many of whose jobs are union jobs, and many of which were women and minority union jobs, that s really important. and also, and the inflation ....

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MSNBC All In With Chris Hayes June 4, 2024 01:14:00

We and it was bipartisan, it made a difference. but there was much more we needed to do that we couldn t do until president biden took office and we had the rescue package, which really wrapped up and drove it home in terms of meeting the needs of cities and counties and state governments and the people who make our society work, whether it s transportation or health care, teachers we food services. the list goes on. when that american rescue, the arp and then the subsequent legislation, the inflation reduction act, this is again, in the most basic sense of messaging, you can almost, on a graph, the inflation act reduction act is basically passed at the moment of highest inflation. now do i think that causally it is the case of the restriction with joe manchin on board, was what caused a reduction in inflation? ....

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