WH’s Psaki Defends Inflation — ‘Good Thing’ Because It Means ‘More People Are Buying Goods’

BREITBART:

White House press secretary Jen Psaki said Friday on CNN’s “The Lead” that rising prices were a “good thing” because it meant more people were buying goods.

Anchor Jake Tapper said, “Inflation is skyrocketing as I don’t need to tell you. The prices for home heating costs, cars, groceries, furniture, rent, gasoline are hitting Americans right in the wallet. The White House response has been generally to say, ‘Hey, inflation shows we’re coming out of the recession. It’s a good sign.’”

He continued, “President Biden’s chief of staff Ron Klain enthusiastically retreated an economist who said in part ‘Most of the economic problems, inflation, supply chains, et cetera, are high-class problems.’ Now I get the larger point that when we’re talking about economics, we’re coming out of recession. But doesn’t it seem tone-deaf to say that rising prices and empty grocery store shelves are high-class problems? Isn’t that a bit dismissive?”

Psaki said, “Well, that’s not exactly what the tweet said, nor the retweet of the original tweet, which is what we’re talking about here.”

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