EXCERPT:
BUTTIGIEG: “Well, I mean, first of all, if you look at our fiscal policy, it is true. And amazingly, a lot of people don’t even know this, that the deficit has gone down and down by a remarkable amount. So, I think part of it is an expression of that. I think also part of it is pointing to the fact that some of the investments that we make help with inflation. I mean, that’s definitely true with the infrastructure investments, right, because we know how infrastructure is related to supply chain, supply chain is related to inflation. That’s one of the reasons why, you know, when there was this big fight whether the infrastructure bill was going to be a problem for inflation, you had a lot of economists saying, actually, this and the Build Back Better vision, taking this is going to ease inflationary pressures. Now, I also think that the economic environment we’re in is very different from the one that we had to climb out of, where the president led the investments that got us from staring off the cliff worrying about recessions and depressions to an unprecedented level of job creation and economic growth in that first year of the presidency.”