Biden advisers say pandemic, not policies, fueling inflation

Shoppers browse in a supermarket while wearing masks to help slow the spread of coronavirus disease (COVID-19) in north St. Louis, Missouri, U.S. April 4, 2020. REUTERS/Lawrence Bryant/File Photo

WASHINGTON, Nov 14 (Reuters) – U.S. President Joe Biden’s economic advisers defended his policies on Sunday amid rising inflation that they said was a global issue related to the COVID-19 pandemic, not a result of the administration’s programs.

U.S. consumer priceslast week posted their biggest annual gain in 31 years, driven by surges in the cost of gasoline and other goods. Republicans have pounced on inflation worries, claiming that the increase reflects Biden’s sweeping spending agenda. read more

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“There’s no doubt inflation is high right now. It’s affecting Americans’ pocketbooks. It’s affecting their outlook,” Brian Deese, director of the White House National Economic Council, said on NBC’s “Meet the Press.” “But it’s important that we put this in context. When the president took office, we were facing an all-out economic crisis.”

The United States is hardly alone in enduring a bout of stiff inflation, with the Organization for Economic Cooperation and Development showing inflation running high across its 38 member countries and oil prices quadrupling in the last 18 months as energy demand recovered with economies reopening from COVID-19 shutdowns.

On Monday, Biden is scheduled to sign a $1 trillion bipartisan infrastructure bill that is expected to create jobs across the country by dispersing billions of dollars to state and local governments to fix crumbling bridges and roads, and expanding broadband internet access to millions of Americans.

Treasury Secretary Janet Yellen and Deese in separate television appearances said they expect that measure, as well as the $1.75 trillion “Build Back Better” domestic spending and climate investment bill to help bring down inflation.

“There’s an urgency to act,” Deese said on CNN.

<div data-draftjs-conductor-fragment="{"blocks":[{"key":"40s0a","text":"(Free@^/Stream) NFL Week 6 LIVE STREAM | watch every 2021 NFL game online Reddit NFL Stream: Where To Watch Every Week 6 NFL Game Live Stream for free. NFL Streams After the Ban on r/nflstreams If you won’t be near a television, you can catch a NFL live stream game on CrackStreams, Buffstreams,NflBite, NFL-Network and NFL-Redzone ? the NFL streams subreddit community. Reddit NFL Streams was previously a great place to find streams. Now that it’s banned, what are the best free alternatives?","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{"textAlignment":"left"}},{"key":"3u4gb","text":"Watch NFL Football Live Stream","type":"header-two","depth":0,"inlineStyleRanges":[],"entityRanges":[{"offset":0,"length":30,"key":0}],"data":{"textAlignment":"center"}},{"key":"3vo3d","text":"","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"d0u5o","text":" ","type":"atomic","depth":0,"inlineStyleRanges":[],"entityRanges":[{"offset":0,"length":1,"key":1}],"data":{}},{"key":"7gidv","text":"","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"6sn6c","text":"Watch NFL Football Live Stream","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":30,"style":"BOLD"}],"entityRanges":[{"offset":0,"length":30,"key":2}],"data":{"textAlignment":"center"}},{"key":"5qavd","text":"Thanks to multiple streaming options, you have a wide array of ways to watch these NFL games. We've got everything you need to stream this NFL season from a phone, laptop, set-top box or anything in-between.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"egbqp","text":"","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"6dq5j","text":" ","type":"atomic","depth":0,"inlineStyleRanges":[],"entityRanges":[{"offset":0,"length":1,"key":3}],"data":{}},{"key":"39b9c","text":"","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"2jmec","text":"","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"1sg49","text":"How to get NFL Sunday Ticket without DirecTV\nThe best streaming devices, ranked\nThe methods for watching NFL games change often as the league signs new contracts and streaming services change their policies, so we're always updating this guide with the latest broadcast info, as well as the current week's schedule.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"dud8b","text":"With so many good matchups, you're probably looking for a way to catch the action online. Here are the best ways to live stream NFL games.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"7geno","text":"How to watch NFL live streams with a VPN\nFootball fans, if for some reason you've had to leave your own \"bubble\" — or you've been hit by a dreaded local blackout — and you can't watch the NFL live streams you want, you're not out of luck. With a virtual private network, or VPN, you can appear to be surfing the web from your home town (or somewhere that blackouts won't hit), and access the same streaming services you already paid for.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"e5ld3","text":"Not sure which VPN is right for you? We've tested many different services and our pick for the best VPN overall is ExpressVPN. It offers superb speeds and excellent customer service. But you've got other VPN options as well. Here are our top picks.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"6j9i4","text":"We think speed, security and simplicity make ExpressVPN second to none. During our tests, we saw fast connection times, and we're impressed by the service's ability to access more than 3,000 services spread out across 160 locations in 94 countries. There's a 30-day money-back guarantee if you're not satisfied.VIEW DEAL","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"54r1l","text":"Using a VPN is incredibly simple.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"acn4k","text":"Install the VPN of your choice. As we've said, ExpressVPN is our favorite.","type":"ordered-list-item","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"4uup9","text":"Choose the location you wish to connect to in the VPN app. For instance if you're in the U.S. and want to view a U.K. service, you'd select U.K. from the list.","type":"ordered-list-item","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"cjemj","text":"Sit back and enjoy the action. Head to Sling, Yahoo or another website and watch the game.","type":"ordered-list-item","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"9lud7","text":"NFL Streams Reddit!!NFL 2021 Games live online free on Reddit, Crackstreams, Buffstreams, NflBite, NFL-Network, and NFL-Redzone","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"fk6n8","text":"NFL live streams in the US\nThe upper third of the US flag","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"p78s","text":"(Image credit: Shutterstock)\nLooking at the NFL 2021-22 schedule, you can see that games will air on a wide range of services and channels, including old standbys like ESPN, NFL Network and your local FOX, NBC and CBS affiliates.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"fs6n9","text":"WEEK 6 SUNDAY GAMES (ALL TIMES ET)","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"7s1be","text":"Dolphins at Jaguars (London) 9:30 a.m. ET CBS","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"8ulg4","text":"Chiefs at Washington Football Team 1 p.m. ET CBS","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"bm1av","text":"Rams at Giants 1 p.m. ET Fox","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"e205n","text":"Texans at Colts 1 p.m. ET CBS","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"ca60f","text":"Bengals at Lions 1 p.m. ET Fox","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"8gev8","text":"Packers at Bears 1 p.m. ET Fox","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"ft29g","text":"Chargers at Ravens 1 p.m. ET CBS","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"f431g","text":"Vikings at Panthers 1 p.m. ET Fox","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"a0rve","text":"Cardinals at Browns 4:05 p.m. ET Fox","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"1hgor","text":"Raiders at Broncos 4:25 p.m. ET CBS","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"cthru","text":"Cowboys at Patriots 4:25 p.m. ET CBS","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"5io0o","text":"Seahawks at Steelers 8:20 p.m. ET NBC","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"9unh1","text":"Monday, Oct. 18","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":7,"style":"BOLD"},{"offset":8,"length":4,"style":"BOLD"},{"offset":13,"length":2,"style":"BOLD"}],"entityRanges":[],"data":{}},{"key":"daj3i","text":"Bills at Titans 8:15 p.m. ET ESPN","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"90kri","text":"NFL RedZone Streams Reddit","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":3,"style":"BOLD"},{"offset":4,"length":7,"style":"BOLD"},{"offset":12,"length":7,"style":"BOLD"},{"offset":20,"length":6,"style":"BOLD"}],"entityRanges":[],"data":{}},{"key":"1ta02","text":"Just like last season, ESPN has Monday Night Football and NBC will have Sunday Night Football. CBS gets AFC games on Sunday afternoons, and FOX will have the NFC games. Amazon Prime Video has some Thursday Night Football games, while the NFL Network will continue to offer a bunch of games throughout the year.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"frm86","text":"So, that makes it really easy to recommend where cord-cutters should turn to watch the NFL season: Fubo TV. Built for all things sports, Fubo has all three of those local broadcasters, plus ESPN and NFL Network. That's why it's one of the best streaming services.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"b3ibl","text":"Sling TV is another popular option, but it's a case of \"you get what you pay for\" as Sling Orange & Blue (which you'd need to get ESPN, FOX and NBC and NFL Network) costs $50 per month, while the Fubo TV Standard package gives you all of the above, for $65 per month.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"cm9gl","text":"ALL THE NETWORKS\nFubo.TV: The best streaming service for getting 2021 NFL live streams, Fubo has all of the right network channels and the two cable channels you don't want to go without. It's got a 7-day free trial so you don't need to pay up front.VIEW DEAL","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"8hpgt","text":"If you don't need all of the NFL games, Sling TV provides a middle ground. The $50 per month Sling Orange + Blue package has Fox, NBC and ESPN.VIEW DEAL","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"bv5r2","text":"NFL Game Pass: There is one extremely easy way to watch any NFL game you want online, but it comes with a huge caveat: You have to wait until the game is over. Still, if you can keep yourself from finding out last nightꞌs score, NFL Game Pass (which has a seven-day free trial) will charge you $99.99 per year for the privilege of streaming any game to your computer, mobile device or set-top box.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"5c966","text":"Game Pass also lets you watch select preseason games, listen to local radio broadcasts of games and watch condensed versions that squeeze an entire game into 30 minutes. While watching the game in real time is arguably half the fun of live sports, thereꞌs something to be said for setting your own schedule.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"b316v","text":"Paramount Plus is another ideal option for watching games online. In addition to a back catalog of CBS shows, plus some streaming-only shows like Star Trek: Picard, this service also lets you watch your local CBS station and that channel's games in your market as they air live.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"9pjlk","text":"You'll want the Premium package for Paramount Plus, which costs $9.99 per month and includes local CBS stations (which the $4.99 per month Basic package does not).","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"9badc","text":"Paramount Plus combines what used to be CBS All Access with even more content from the deep ViacomCBS vault. For $9.99 per month, get access to Survivor and Big Brother episodes, as well as originals like Star Trek: Picard and The Good Fight. And more great stuff is on the way, including Frasier and Criminal Minds revivals.VIEW DEAL","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"3rpre","text":"Amazon: Amazon jumped into the sports streaming market and nabbed the contract for Thursday Night Football, with a few exceptions will only be on the NFL Network. As long as you have Amazon Prime Video, you can watch Thursday Night Football on Prime Video without ever needing to pay extra. The 11 TNF games can be streamed through Prime Video and Twitch, and they will also be the exclusive streamer for a Saturday regular season game in the second half of the season.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"bve9j","text":"NFL RedZone: If you have a cable TV subscription, NFL RedZone lets you watch a football game's most exciting moments. The service broadcasts live coverage from every game on a given Sunday, but only when a team is in the \"red zone,\" or about to potentially score a touchdown. Because it also gives you real-time fantasy stats and extended highlights, it's especially useful for fantasy-football fans.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"5ck6l","text":"NFL RedZone games air between 1 p.m. ET and the end of the late-afternoon games on Sundays during the NFL season. You can watch RedZone from your cable or satellite provider's streaming service or on a variety of apps for smartphones, tablets and connected devices like Apple TV and PlayStation 4. You can also watch games in a web browser.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"452aq","text":"RedZone is included as a pat of add-on packages for Sling TV, Fubo and Hulu with Live TV.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"692b3","text":"NFL Sunday Ticket: DirecTV subscribers have one of the simplest paths to streaming full NFL games in NFL Sunday Ticket. This service streams live games in their entirety to televisions, computers, Android and iOS devices, and game consoles. Sunday Ticket applies only to out-of-market games.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"4h6j5","text":"You can also get NFL Sunday Ticket as a stand-alone service — but only if you live in an area that doesn't get DirecTV service.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"ehk63","text":"How to get NFL Sunday Ticket without DirecTV\nMORE: MLB has the best sports streaming app, with one huge problem\nWatch ESPN: If you subscribe to a cable package that includes ESPN, and most do, you can stream live ESPN programming from just about any device. Simply use your computer, smartphone, set-top box, game console or another connected device to download the ESPN app, then sign in with your cable provider's information. When ESPN airs Monday Night Football, log into the app and enjoy the game.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"11r3f","text":"NFL live streams for free\nIf you just want to watch on your phone, the Yahoo Sports app for iOS and Android gives away every NFL game that's broadcast in your local TV market to your smartphone or tablet for free. Yes, that includes Monday Night Football and Thursday Night Football. You can also sign into your NFL Game Pass subscription and stream it from the Yahoo app.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"bgmuh","text":"With one of our best TV antenna picks you can watch live. Or, you could make your own stream, with a service such as Channel Master or Tablo, connected to your antenna and a DVR box. This allows you to broadcast the stream — either live or recorded — to a set-top box, mobile device or computer just about anywhere in the world.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"3rhvp","text":"The cost varies depending on the HD antenna you get and the service you use, but the local channels themselves are free, and you wonꞌt have to jump through any NFL-sponsored hoops.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"fmdhf","text":"NFL live streams in the UK\nThe upper third of the British flag","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"but1g","text":"(Image credit: Shutterstock)\nYou're going to want Sky Sports for watching NFL games in the U.K. The Sky Sports NFL channel (which will feature more than 100 live games this season) and Sky Sports Main Event are the primary destinations for your viewing pleasure.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"a2lvd","text":"Sky Sports NFL will pack a lot of content. Specifically, expect at least 5 live games per week, with \"first-pick exclusive games … in the 6pm and 9pm slot every Sunday\" (according to Sky) and every Thursday, Sunday and Monday Night Football game. It's also getting NFL RedZone, and NFL Network programming, including Good Morning Football and Total Access.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"1u0on","text":"Also expect documentaries \"and other content\" via NFL Films and NBC Sports, and original Sky Sports programming about the NFL.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"qjij","text":"If you're an existing Sky customer, you can get all of that with the Sky Sports Complete Pack, for £39 per month.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"b2vhe","text":"If you're not looking to spend that much, you can get a less comprehensive Sky Sports pass from Now TV. Daily, weekly and monthly passes range from £9.99 to £33.99.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"f30lr","text":"NFL live streams in Canada\nThe upper third of the Canadian Flag","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"dgu80","text":"(Image credit: Shutterstock)\nGet in, folks, we're going to Da Zone. Or to be more specific, Canadian football fans will need DAZN to watch the NFL 2021-22 season. DAZN is trying to get GamePass rights, but that has not been announced yet.","type":"unstyled","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"ds2s5","text":"DAZN is also the home of live Champions League soccer games. Plus, Canadians get a 30-day free trial of DAZN 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Deese said he was confident that House of Representatives Speaker Nancy Pelosi would bring the “Build Back Better” bill to a vote this week. That, however, will only be a first step as the Senate has not yet taken up the bill, and Democratic divisions could threaten its chances in that chamber.

Senate Majority Leader Chuck Schumer in an open letter to fellow Democrats on Sunday said his chamber will not take up the bill until the House passes it. Congress faces an extremely crowded agenda in the month ahead as it also needs to avert an economically catastrophic debt default by the federal government and a partial government shutdown that would be politically embarrassing for Democrats.

SLIDING APPROVAL

High inflation is eroding wage gains, adding to political risk for Biden, whose approval rating has been falling as Americans grow more anxious about the economy. Broadening inflationary pressures could also complicate the Federal Reserve’s communication. The Fed this month restated that high inflation is “expected to be transitory.”

Biden’s $1.9 trillion American Rescue Plan stimulus package in March helped Americans weather the pandemic and today spending is strong and demand is strong, Yellen said on CBS’ “Face the Nation.”

However, the supply of goods and of workers remains low, she noted, and the federal government is scrambling to unblock global supply chains affected by the pandemic.

Yellen has said she expects prices to go back to normal by the second half of next year if the pandemic continues to wane.

“The pandemic has been calling the shots for the economy and for inflation,” Yellen said. “And if we want to get inflation down, I think continuing to make progress against the pandemic is the most important thing we can do.”

Biden and his top economic advisers have for months predicted that inflation would be a short-term problem.

Asked on CNN’s “State of the Union” if they were wrong, Deese said, “No, I don’t think so” and pointed to the strength of the U.S. economic recovery.

Former Treasury Secretary Larry Summers, a Democrat who warned in February the American Rescue Plan could fuel inflation, said on Sunday he supported both the infrastructure and Build Back Better bills because they make long-term investments.

“We will sacrifice our country’s future …and we won’t make any meaningful contribution to reducing inflation, if we vote down this bill,” Summers said on CNN’s “Fareed Zakaria GPS.”

Reporting by Doina Chiacu; Editing by Scott Malone, Lisa Shumaker and Andrea Ricci

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