Author Topic: Top White House official retweets post calling inflation, supply chain issues ‘high class problems’  (Read 134 times)

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Offline mystery-ak

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Top White House official retweets post calling inflation, supply chain issues ‘high class problems’

Prices are jumping in large part because container ships are stranded at ports and because unloaded goods are waiting for trucks

By Edmund DeMarche | Fox News

Ronald Klain, the White House chief of staff, was criticized online late Wednesday after he retweeted a post from a Harvard professor that summed up our top economic issues as "high class problems."

Jason Furman, Harvard’s Aetna professor of the practice of economic policy, said the country would not be faced with these issues if the unemployment rate was still 10%, an apparent reference to Federal Reserve Chair Jerome H. Powell's comments early this year when he said the unemployment rate in January was around that number.

Furman said if that unemployment rate was still a reality, the country would have "had a much worse problem."


https://twitter.com/WHCOS/status/1448473693651341317

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https://www.foxnews.com/politics/top-white-house-official-retweets-post-calling-inflation-supply-chain-issues-high-class-problems
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Offline mystery-ak

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Nolte: Biden White House Spreads Lie that Inflation Is ‘High Class Problem’

John Nolte 14 Oct 2021

White House chief of staff Ron Klain is spreading the lie that inflation and the supply chain snarl are “high class problems,” which means we’re lucky to have them.

On Wednesday, some Harvard idiot (excuse me for repeating myself) named Jason Furman tweeted, “Most of the economic problems we’re facing (inflation, supply chains, etc.) are high class problems. We wouldn’t have had them if the unemployment rate was still 10 percent.”

He added that “We would instead have had a much worse problem.”

Klain heartily agreed.


https://twitter.com/WHCOS/status/1448473693651341317

more
https://www.breitbart.com/politics/2021/10/14/nolte-biden-white-house-spreads-lie-inflation-high-class-problem/
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Offline berdie

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What an ignorant statement.

Offline DefiantMassRINO

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It's obvious that dweeb hasn't been to the supermarket lately.  Chicken prices are outrageous.
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Offline Smokin Joe

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What an ignorant statement.

No doubt. When you are on hard times, $20 gets to be a lot of money to come up short. Wherever it comes out of, it hurts. Every penny counts.

I guess that just isn't considered as traumatizing as having to forego a designer outfit or accessory.

(These idiots have no clue, no connection to what it's like to be working for a living. Marie Antoinette was more aware.)
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Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

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