Thursday, January 27, 2022

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HomeVideoInflation a major issue facing the Biden administration

Inflation a major issue facing the Biden administration

Inflation, now running at more than 6%, is the number one concern for many Americans as prices rise, from the gas pumps to the grocery shelves. It’s also a looming threat to President Joe Biden’s administration. A complex mix of factors—oil production cutbacks, a choked supply chain, and strong consumer spending—all contribute. But what can a president actually do about inflation? Special Correspondent Jeff Greenfield joins for a historical perspective.

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