In Discussing Massive Infrastructure Bill, Pete Buttigieg Shows Off How Little He Knows
The Transportation Secretary repeats the administration’s denial of the true causes of inflation and port congestion.
By Dominick Sansone
November 4, 2021
As the United States careens off the economic tracks towards stagflation, the Biden administration and Democrats in Congress continue to posit that their proposed massive spending bill will counterintuitively decrease rates of inflation.
This was the argument recently articulated by Secretary of Transportation Pete Buttigieg during his conversation with Chris Wallace on the most recent “Fox News Sunday.”
After Buttigieg praised the “historic” plan’s focus on providing “action on climate before its too late” and massive increased spending on “finally [getting] preschool for every child in this country” and “making childcare affordable for every family,” Wallace pressed Buttigieg on “the issues Americans care about the most,” including inflation.
Gas prices have jumped from an average of $2.14 a year ago to $3.41 today. The price of natural gas, essential to heating U.S. homes, has doubled since June to more than $6. Coal will subsequently generate nearly a quarter of U.S. electricity this year. Use of the much dirtier, higher carbon-emitting fuel has already grown by 22 percent in 2021. This latter issue was not brought up when Buttigieg referenced the “transformational” bill’s focus on climate challenges.
To Wallace’s statement that consumer prices have risen at their highest rate in 30 years, Buttigieg’s answer was simple: the economic package’s massive spending hike will actually provide the tools for fighting future inflation.
more
https://thefederalist.com/2021/11/04/in-discussing-massive-infrastructure-bill-pete-buttigieg-shows-off-how-little-he-knows/
