Joe Biden's inflation whisperer

Unemployment is dropping and the economy, by many measures, is humming. But spiraling inflation is creating a serious drag on the economic recovery and hurting President Joe Biden's approval ratings. This week Playbook co-author Ryan Lizza chats with Jared Bernstein, a member of Biden’s Council of Economic Advisers, and POLITICO’s Kate Davidson about Build Back Better and the administration’s response to rising costs throughout the economy.