Former Congressional Budget Office director Douglas Holtz-Eakin provides input on the current state of the U.S. economy as inflation rates continue to rise.
Former Congressional Budget Office director Douglas Holtz-Eakin weighs in on high inflation rates and strategizes practical solutions on 'Cavuto: Coast to Coast.',’ Thursday, Former Congressional Budget Office director Douglas Holtz-Eakin speculated on the root cause of the nations' historical inflation rates and how to effectively solve it.
I mean, when you get to 2 trillion, that's a really big number, and you're erring on the side of being way too big. I think that was fair to see at the time. There have been lots of excuses made, quite frankly. You know, there's been this weird thing where people concentrated their purchases on goods because they couldn't have services. That happened in May 2020, almost a full year before the bill passed.