White House chief of staff Ron Klain endorsed former Obama administration economist Jason Furman’s claim that the country’s inflation, supply chain, and other economic problems only affect a small part of the U.S. population.
Furman, the chairman of former President Barack Obama’s Council of Economic Advisers and an economics professor at Harvard University, tweeted Wednesday night that “most of the economic problems we’re facing … are high class problems.”
“We wouldn’t have had them if the unemployment rate was still 10%,” he continued. “We would instead have had a much worse problem.”
Klain, who frequently uses his Twitter account to amplify the White House’s policy focus, quoted Furman’s statement shortly after.
The White House has spent months downplaying concerning inflation signals, and on Wednesday, White House press secretary Jen Psaki suggested that the 5.4% Consumer Price Index increase for September 2021, the highest mark in 13 years, actually showed inflation was decreasing.
“We’ve seen a decrease over the course of time,” she told reporters in her Wednesday briefing. “Over the second and third quarter of this year, monthly inflation increases have actually decelerated.”
Read more at Washington Examiner.
{Matzav.com}
Yes, I saw redhead Psaki blame the Trump administration on Jake Tapwater’s show. What a lowlife piece of garbage.
Sadly, psaki is just another brainless puppet for the demoRATS. She has no mind of her own, as can be seen, she doesn’t know what to answer when confronted. So it’s either blaming Trump or circling back….
Limit me.
Oh by the seashore.
I found my picnic.
The gold of Carter’s dream
Soap box roads for the rest.
We can just see how inflation is a management that DNC never gets. Pocket pure only the agitated investor. A world of otherwise finance for the broken day.