White House Chief of Staff Ron Klain agreed on Wednesday that US economic problems are “first-class problems.”
Ronald Crane argued Wednesday evening that the current US economic problems, including inflation and supply chain delays, are just “luxury problems.”
Jason Furman, a professor of Harvard economics and former chairman of President Barack Obama’s Council of Economic Advisers, tweeted:
“If the unemployment rate was still 10 percent, we wouldn’t have them,” he added the previous rate. “Instead, there would have been a much worse problem.”
President Joe Biden’s Chief of Staff, Crane, retweeted the post with two emoji fingers pointing to “this” and the tweet. This shows his consent.
“As long as we’re working on the subject of the lesson, Crane and the entire Biden White House seem to have missed Economics 101,” Republican Georgia representative Buddy Carter said Thursday.
“Inflation most hurt families and seniors working on fixed interest rates, but their runaway spending leaves all children and grandchildren under a pile of catastrophic debt to China,” he continues. I did.
Florida Republican representative Byron Donald told the Daily Mail that comments from Crane indicate the Biden administration’s “congenital loss of music.”
“The ignorance of embroidering the White House arises from the top down, which is evident from the sullen statements from the spokesman and chief of staff,” he said.
“They ignore the reality of Biden’s failed economic agenda, but everyday Americans feel the pain of videonomics in pumps, grocery stores, and almost every aspect of everyday life,” Congressman continued. rice field. “Americans today aren’t as energetic as they were before Biden took office. The surge in inflation is one of many reasons why this is the case.”
Klein also retweeted a post from Democratic Senator Connecticut Chris Murphy on Wednesday. He writes: Economic liquidity is good. It’s not a bad thing. “
In the United States, prices are skyrocketing as ships are stuck in ports waiting for trucks to receive shipping containers. This leads to shortages and delays, further exacerbating rising inflation.
He responded to a tweet from Obama’s former chairman of the Economic Advisory Board, who said the problem would be “much worse” if the unemployment rate was still 10%.
Klein also retweeted a post from Senator Connecticut Chris Murphy, saying that people are quitting to start a better job due to a shortage of workers in the minimum wage job. Claim
White House spokesman Jen Psaki confusedly said in a briefing Wednesday that inflation had actually fallen by 50% in recent months, despite all the numbers showing opposition.
“There was a decline over time,” Pusaki told reporters. “In the second and third quarters of this year, monthly inflation growth actually slowed.”
Consumer prices have risen 5.4 percent compared to September 2020, according to Labor Ministry data released Wednesday.
This shows the high inflation rate for 13 years.
In response, the Social Security Administration announced on Wednesday that it would see the largest increase in living expenses in nearly 40 years.
Biden also announced a contract on Wednesday to expand its business at the Port of Los Angeles as traffic congestion in shipping containers threatens the economy and holiday shopping. There were many warnings that there would be a shortage of merchandise this holiday season.
White House spokesman Jen Psaki was confused that inflation on Wednesday fell by 50% in recent months, despite figures from the Ministry of Labor compared to September 2020. As I said, consumer prices rose 5.4%.
The consumer price index in September rose 5.4% from a year ago, slightly higher than the 5.3% rise in August, comparable to the rises in June and July.
Prices are rising for a wide range of key commodities as high inflation continues to hurt U.S. consumers
Social media exploded in criticism of Crane’s tweet on Wednesday, claiming that Biden’s top aide downplayed the difficulties Americans are experiencing due to rising inflation and high unemployment. -The Bureau of Labor Statistics (BLS) revealed in a work report on Friday.
“It’s not a” top-notch problem “to struggle to pay for food, fuel and housing because of rising prices,” said Tommy Piggott, head of quick response to the Republican National Committee. “Biden is making everyone worse, but their strategy is to try to light Americans with gas lights instead of stopping the damage.”
Republicans weren’t happy either.
“Inflation hurts every family in the United States,” Michigan Republican representative Lisa McLean told DailyMail.com.
“Ron Klain’s comments show how much he and the Biden administration aren’t really in contact with the American people,” she added.
Ohio Republican Rep. Mike Turner tweeted.Biden administration has no complete contact with Americans
“When did paying more for gas, electricity, eggs and meat only affect” luxury “? Ohio Rep. Mike Turner tweeted.
“The Biden administration has no complete contact with Americans,” he added.
Kansas Senator Roger Marshall told the Daily Mail:
“Over the past year, gas prices for pumps, groceries and other household items have risen steadily,” he added. “Inflation is a hidden tax that hurt everyone, whether or not the Biden administration admits the truth, but it’s just our seniors and young hard-working families who are paying to pay. . “
When the pandemic first hit the country in early 2020, the unemployment rate reached a terrifyingly high rate of 14.7 percent. Since then, the latest numbers are the lowest.
BLS also announced in a report that the United States only added 194,000 jobs in September.
WH Ron Klain promotes tweets that call inflation and supply chain crises “first-class problems”
Source link WH Ron Klain promotes tweets that call inflation and supply chain crises “first-class problems”