White House Chief of Staff Ron Klain was eviscerated by critics Thursday for endorsing a tweet that claimed inflation and supply chain issues affecting the country were "high class problems."
"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," Harvard professor Jason Furman wrote in a tweet that Klain retweeted, saying, "This," with emoji hands pointing downward.
Furman served as chair of the Council of Economic Advisers under President Barack Obama.
Since taking office, the Biden administration has overseen a rising inflation rate that reached its highest point in 13 years. The surge has been accompanied in a rise in prices for food, gas, cars, TVs, and a variety of imported goods.
Critics lambasted Klain on social media, describing him as being "disconnected from reality," and suggesting he tell that... (Read more)
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