Steven Rattner, head of the Auto Industry Task Force under former President Barack Obama, is the latest Obama-era economic aide to sound the alarm on inflation, asking how the Biden administration could have gotten “this critical issue so wrong,” warning the Build Back Better plan could exacerbate inflationary pressures. Rattner made the remarks in an op-ed for The New York Times, in which he challenged the “transitory” inflation narrative and urged the White House to “inject some real fiscal discipline into its thinking.” “Enough already about about ‘transitory’ inflation,’ Rattner wrote. “Last Wednesday’s terrible Consumer Price Index news shifts our inflation prospects strongly into the ’embedded’ category.” Inflation, as measured by the consumer price index (CPI), rose 0.9 percent over the month and 6.2 percent over the year in October, with the latter being the fastest pace since 1990. That dovetails with recent government data showing that producer prices rose by 8.6 percent in …