PolitiFact gives Jen Psaki 'false' rating over claim 'no economist' believes Biden agenda will fuel inflation
Regarding its ruling, PolitiFact insisted Psaki was "wrong" to say that "no economist foresees inflation" as a result of the Build Back Better spending bill being signed into law.
"Numerous economists, including some allies of the White House, have gone on the record saying there probably will be inflationary effects, especially in the near term, if the bill is passed," PolitFact wrote. "However, the broad consensus among analysts has been that the bill’s inflationary impact will be modest and brief."
"We rate the statement False."
Regarding its ruling, PolitiFact insisted Psaki was "wrong" to say that "no economist foresees inflation" as a result of the Build Back Better spending bill being signed into law.
"Numerous economists, including some allies of the White House, have gone on the record saying there probably will be inflationary effects, especially in the near term, if the bill is passed," PolitFact wrote. "However, the broad consensus among analysts has been that the bill’s inflationary impact will be modest and brief."
"We rate the statement False."