Jason Fuhrman, who served as chairman of President Barack Obama’s Council of Economic Advisers and President Bill Clinton’s Council of Economic Advisers and the National Economic Council on Friday on CNN International’s “Quest Means Business” Served as Professor of Policies Practice. A group of researchers at Harvard University and the Harvard Kennedy School said that although some action is needed, President Joe Biden’s economic stimulus plan is too big, poorly designed, and “brings us more inflation in economic terms.” grow. “And” is the wrong balance.
Host Richard Quest: “Do you think the Biden incentive plan that Biden adopted in the early days was a mistake, wasn’t it supposed to be fuel for the fire?” he asked.
“I think it’s huge,” Furman said. I don’t think it’s a nice design. And I think it brings us more inflation than it does in terms of economic growth. I need something. Everything is not so bad in the economy, we have an unemployment rate of 3.6%. We create jobs fast. there [are] very good stuff too. Partly because of that. But I think we struck the wrong balance.”
Source: Breitbart
