ACN Business

Manchin killed Build Back Better over inflation concerns – an economist explains why the $2 trillion bill would be unlikely to drive up prices

Written by Michael Klein, Professor of International Economic Affairs at The Fletcher School, Tufts University

Manchin withdrew his support for Build Back Better. AP Photo/J. Scott Applewhite

One of Sen. Joe Manchin’s main concerns in deciding to pull his support for President Joe Biden’s Build Back Better plan is that it would drive up inflation, which is currently rising at the fastest pace in four decades.

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Manchin killed Build Back Better over inflation concerns – an economist explains why the $2 trillion bill would be unlikely to drive up prices

KPAT Hotels appoints acclaimed chef Marky Godbeer to helm the Sunshine Coast’s newest venue Sully's Rooftop

Why Australia is right to put affordable medicine ahead of beating US pharmaceutical tariffs

How Australia’s mining sector locks women out of high-paying roles

Australia’s biggest stock exchange needs tougher competition, or we all risk paying the price

Want a dog-friendly workplace? Here’s what you’ll need to get right

This little-known government scheme can help retirees tap into $3 trillion of housing wealth

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

The cocoa price has doubled in mere months, but it shouldn’t add much to the price of chocolate: here’s why

APRA and ASIC have the legal power to sack bank heads, but they need willpower

Avanan Report: Business Email Compromise Scam Leads Credential Harvesting Evernote Page

Work-life Balance Key to Solving Construction Talent Shortage

How to Apply for More Jobs in Less Time Using AI Automation

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

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