Psaki Says Surging Prices Are ‘A Good Thing’ When Cornered By Jake Tapper

Posted 47 days ago


White House press secretary Jen Psaki described the unprecedented inflation Friday as “a good thing,” arguing that it means “more people are buying goods … increasing the demand.”

Psaki appeared on CNN’s “The Lead,” where she was asked if White House chief of staff Ronald Klain’s retweet of a claim that inflation and supply chain snarls were “high class problems” was “tone-deaf.”

Jen Psaki Defends Rising Prices: ‘Good Thing’ Because it Means ‘More People are Buying Goods’

“[D]oesn’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?” CNN anchor Jake Tapper asked his guest.

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

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.

“At the same... (Read more)

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