How Fiscal Hawks Are Using Inflation as an Excuse to Tamp Down Worker Power

On Sunday, after months of negotiation, the Senate passed a budget reconciliation bill called the Inflation Reduction Act. This week on Intercepted, we go behind the bill to look at the dynamics driving inflation, scrutinize the solutions being pushed by fiscal hawks, and demystify the economic jargon being used to sideline worker interests in pursuit of profit. Intercept Deputy Editor Nausicaa Renner is joined by investigative journalist Ken Klippenstein and senior writer Jon Schwarz to discuss their latest story about Bank of America executives’ concerns about low unemployment and a tight labor market, how that sentiment is echoed throughout the media, and the cost of engineering a recession. join.theintercept.com/donate/now Hosted on Acast. See acast.com/privacy for more information.