FOR IMMEDIATE RELEASE
April 12, 2021
Maddy McDaniel, Communications Director
[email protected] or 914-471-7716
*** MEDIA AVAILABILITY ***
MEDIA AVAIL: ECONOMISTS AVAILABLE FOR INTERVIEWS AHEAD OF NEW INFLATION DATA
Economists Available for Interview to Discuss Why An Uptick in Inflation Would Be an “Optical Illusion,” and Caution Against Using the Data as an Argument Against Large-Scale Public Investment
WASHINGTON, D.C. — Tomorrow, the Bureau of Labor Statistics will release inflation numbers for the year ending in March 2021.
The projected uptick in inflation may be used as an argument against additional public investment like the American Jobs Plan, but economists say that any inflation increase should be attributed to a drop in prices at the onset of the pandemic a year ago, and not a negative effect of recent public spending — as explained in an analysis from Mike Konczal, director of progressive thought at the Roosevelt Institute.
The below economists are available for interviews to discuss why Tuesday’s inflation numbers shouldn’t deter additional public investment:
- Mike Konczal, director of progressive thought at the Roosevelt Institute
- Josh Bivens, director of research at the Economic Policy Institute
- Rakeen Mabud, managing director of policy and research at Groundwork Collaborative
- Skanda Amarnath, director of research and analysis at Employ America
Please contact [email protected] to get in touch.