In all earnest, with all the seriousness in the world, the White House Press Secretary appeared on national Television – CNN nonetheless – and claimed skyrocketing prices for common goods and services are a “good thing.”
Multiple members of the Biden administration appeared on this or that Fake News network over the weekend with similar talking points, claiming prices are high because Biden has pulled the economy out of likely recession.
Jen Psaki described the unprecedented inflation Friday as “a good thing,” arguing that it means “more people are buying goods … increasing the demand.”
Jake Tapper, while being one of the biggest hacks at CNN, was brave enough to ask Psaki if a retweet by Biden chief of staff Ron Klain was “tone deaf.” He claimed that inflation was a “high class problem.”
Jen Psaki Defends Rising Prices: 'Good Thing' Because it Means 'More People are Buying Goods' pic.twitter.com/IaKVYVSCbR
— Jason Rantz on KTTH Radio (@jasonrantz) October 15, 2021
The White House press secretary then went on to tout the decreasing unemployment rate, adding that gasoline prices were low during the pandemic “because nobody was driving.”
“Now, more people have jobs. More people are buying goods. That’s increasing the demand. That’s a good thing,” she said.
However, she wasn’t dumb enough to ignore the growing supply issue as ports remain clogged and trucking companies experience staffing issues.
“At the same time, we also know that the supply is low, because we’re coming out of the pandemic…”
What Psaki fails to mention, though, is the real reason why the supply chain is in such disarray.
Given the ongoing COVID-19 mitigation efforts from the White House, namely the vaccine mandate on employees, many workers have made the decision not to continue with those companies, including trucking firms. As a result, the labor market is in a total crisis and many businesses struggle to retain employees.
Not only that, gas prices are through the roof not because “nobody was driving” during the pandemic. They’re high because Biden has destroyed the Trump-era policies that kept America energy independent.
The Organization of the Petroleum Exporting Countries has blamed high gasoline prices on the sweeping green energy policies, such as carbon tax. The price of oil rose by 60% over the past year, reaching a seven-year-high.
The U.S. economy is currently experiencing its highest inflation rate since January 1991. The U.S. Bureau of Labor Statistics announced that the Consumer Price Index (CPI) increased 0.4% in September, bringing the key inflation indicator’s year-over-year increase to 5.4%.
Author: Sebastian Hayworth