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Tipsheet

White House Chief of Staff Thinks Inflation, Supply Chain Issues Are 'High Class Problems'

AP Photo/Jacquelyn Martin

White House Chief of Staff Ron Klain was blasted Thursday for appearing to agree that the nation’s economic troubles are “high class problems.”

“This” Klain wrote, retweeting Harvard economics professor Jason Furman, who said: “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. We would instead have had a much worse problem.”

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Critics blasted Klain for being so out of touch. 

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On Wednesday, Biden announced his plan to address the supply chain crisis is to have operations running 24 hours a day, and truckers working overnight shifts because the roads are less crowded. As Spencer pointed out, with labor shortages due to Biden’s economic policies, this is hardly a solution, let alone a long-term one, given that it also takes workers to drive trucks, unload containers and keep operations running.

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