Former Obama Economic Advisor Larry Summers is warning that thanks to a "woke" federal reserve, inflation is about to be driven into out-of-control territory.
Former Obama economic advisor Larry Summers "is really worried that inflation is gonna get out of control." pic.twitter.com/txIFc58cYK
— RNC Research (@RNCResearch) October 14, 2021
The White House is attempting to downplay rapidly rising inflation. Chief of Staff Ron Klain is referring to the issue as a "high class problem," despite prices on everyday household products and groceries significantly increasing in recent months.
This ???? https://t.co/ymh53nEHAg
— Ronald Klain (@WHCOS) October 14, 2021
Press Secretary Jen Psaki said during Wednesday's briefing that Americans aren't really paying attention to details or comparing costs.
Psaki answers a question about inflation: "We all understand the American people are not looking at cost-to-cost comparisons from this year to two years ago." pic.twitter.com/ZIxxKhRUg9
— Daily Caller (@DailyCaller) October 13, 2021
Meanwhile, over on Capitol Hill, leading woke Senator Bernie Sanders, who is the chairman of the Senate Budget Committee, is standing firm with House socialists to pass President Biden's $3.5 trillion spending plan.
Solidarity forever.
— Bernie Sanders (@BernieSanders) October 14, 2021
Bernie Sanders continues to call out Manchin and Sinema. "$3.5 trillion is already a major compromise. The time is now long overdue for Sen. Manchin and Sen. Sinema to tell us… where do they want to cut?" Says it is "absolutely incumbent" for them to ‘tell us what they want”
— Manu Raju (@mkraju) October 12, 2021