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The original sin was the $1.9 trillion American Rescue Plan, passed in March. The bill – almost completely unfunded – sought to counter the effects of the COVID pandemic by focusing on demand-side stimulus rather than on investment, that has contributed materially to today’s inflation levels.

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FOX News 2 years ago
Steven Rattner

Steven Rattner

Steven Lawrence Rattner is an American financier who served as lead adviser to the Presidential Task Force on the Auto Industry in 2009 for the Obama administration.

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    "Steven Rattner Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 25 Dec. 2024. <https://www.quotes.net/citizen-quote/453328>.

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