{"id":884399,"date":"2021-10-15T18:59:20","date_gmt":"2021-10-15T22:59:20","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=884399"},"modified":"2021-10-15T18:59:23","modified_gmt":"2021-10-15T22:59:23","slug":"psaki-defends-rising-prices-good-thing-because-it-means-more-people-are-buying-goods","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/psaki-defends-rising-prices-good-thing-because-it-means-more-people-are-buying-goods\/","title":{"rendered":"Psaki Defends Rising Prices: \u2018Good Thing\u2019 Because It Means \u2018More People Are Buying Goods\u2019"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpsaki-defends-rising-prices-good-thing-because-it-means-more-people-are-buying-goods%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=884399&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>White House Press Secretary Jen Psaki partially defended rising costs on everyday goods during an interview with CNN\u2019s Jake Tapper on Friday afternoon, saying that the costs were rising because demand is surging, which she called a \u201cgood thing.\u201d<\/p>\n<p>\u201cA year ago, people were in their homes, 10 percent of people were unemployed. Gas prices were low because nobody was driving. People weren\u2019t buying goods because they didn\u2019t have jobs,\u201d Psaki said. \u201cNow, more people have jobs, more people are buying goods, that\u2019s increasing the demand. That\u2019s a good thing.\u201d<\/p>\n<p>\u201cAt the same time, we also know that the supply is low because we\u2019re coming out of the pandemic and because a bunch of manufacturing sectors across the world have shut down, because ports haven\u2019t been functioning as they should be,\u201d Psaki continued. \u201cThese are all things we\u2019re working through.\u201d<\/p>\n<p>WATCH:<\/p>\n<p lang=\"en\" dir=\"ltr\">Jen Psaki Defends Rising Prices: &#8216;Good Thing&#8217; Because it Means &#8216;More People are Buying Goods&#8217; <a href=\"https:\/\/t.co\/IaKVYVSCbR\">pic.twitter.com\/IaKVYVSCbR<\/a><\/p>\n<p>\u2014 Jason Rantz on KTTH Radio (@jasonrantz) <a href=\"https:\/\/twitter.com\/jasonrantz\/status\/1449144813291331588?ref_src=twsrc%5Etfw\">October 15, 2021<\/a><\/p>\n<p>Psaki was mocked online over the comment:<\/p>\n<p lang=\"en\" dir=\"ltr\">Psaki weighs in with the time-honored &#8220;Let them eat cake&#8221; defense. <a href=\"https:\/\/t.co\/oD7ic9OxqY\">https:\/\/t.co\/oD7ic9OxqY<\/a><\/p>\n<p>\u2014 Jeff Carlson (@themarketswork) <a href=\"https:\/\/twitter.com\/themarketswork\/status\/1449143325752061955?ref_src=twsrc%5Etfw\">October 15, 2021<\/a><\/p>\n<p lang=\"en\" dir=\"ltr\">Blink. <a href=\"https:\/\/t.co\/iK5UtDqXJo\">https:\/\/t.co\/iK5UtDqXJo<\/a><\/p>\n<p>\u2014 Omri Ceren (@omriceren) <a href=\"https:\/\/twitter.com\/omriceren\/status\/1449142308268560385?ref_src=twsrc%5Etfw\">October 15, 2021<\/a><\/p>\n<p lang=\"ht\" dir=\"ltr\">LMAOOOOOO <a href=\"https:\/\/t.co\/im3rgpx9rC\">https:\/\/t.co\/im3rgpx9rC<\/a><\/p>\n<p>\u2014 Caleb Hull (@CalebJHull) <a href=\"https:\/\/twitter.com\/CalebJHull\/status\/1449131709232975879?ref_src=twsrc%5Etfw\">October 15, 2021<\/a><\/p>\n<p lang=\"en\" dir=\"ltr\">Biden had better find some people who aren\u2019t Helen Keller tone deaf and he better find them soon. Working people fixing to revolt. <a href=\"https:\/\/t.co\/RyXtxNDLfQ\">https:\/\/t.co\/RyXtxNDLfQ<\/a><\/p>\n<p>\u2014 Jesse Kelly (@JesseKellyDC) <a href=\"https:\/\/twitter.com\/JesseKellyDC\/status\/1449130483158294531?ref_src=twsrc%5Etfw\">October 15, 2021<\/a><\/p>\n<p lang=\"en\" dir=\"ltr\">Run with that one. <a href=\"https:\/\/t.co\/0bXKaVJ2N7\">https:\/\/t.co\/0bXKaVJ2N7<\/a><\/p>\n<p>\u2014 Stephen L. Miller (@redsteeze) <a href=\"https:\/\/twitter.com\/redsteeze\/status\/1449128586409959431?ref_src=twsrc%5Etfw\">October 15, 2021<\/a><\/p>\n<p lang=\"en\" dir=\"ltr\">&#8220;Having no milk to give to your children is a high class problem&#8221; <a href=\"https:\/\/t.co\/2Ag0m4rc08\">https:\/\/t.co\/2Ag0m4rc08<\/a><\/p>\n<p>\u2014 Fusilli Spock (@awstar11) <a href=\"https:\/\/twitter.com\/awstar11\/status\/1449128858834276357?ref_src=twsrc%5Etfw\">October 15, 2021<\/a><\/p>\n<p>TRANSCRIPT:<\/p>\n<p><em>JAKE TAPPER, CNN ANCHOR: Inflation is skyrocketing, as I don\u2019t need to tell you. The prices for home heating costs, cars, groceries, furniture, rent, gasoline are hitting Americans right in the wallet. The White House response has been generally to say, hey, inflation shows that we\u2019re coming out of the recession, so it\u2019s a good sign.<\/em><\/p>\n<p><em>President Biden\u2019s chief of staff, Ron Klain, enthusiastically retweeted an economist who had said, in part: \u201cMost of the economic problems we\u2019re facing, inflation, supply chains, etcetera, are high-class problems.\u201d<\/em><\/p>\n<p><em>Now, I get the larger point that, when we\u2019re talking about economics, we\u2019re coming out of recession. But doesn\u2019t it seem tone-deaf to say that rising prices and empty grocery store shelves are high-class problems? Isn\u2019t that a bit dismissive?<\/em><\/p>\n<p><em>JEN PSAKI, WHITE HOUSE PRESS SECRETARY: Well, that\u2019s not exactly what the tweet said, nor the retweet of the original<\/p>\n<p><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>White House Press Secretary Jen Psaki partially defended rising costs on everyday goods during an interview with CNN\u2019s Jake Tapper on Friday afternoon, saying that the costs were rising because demand is surging, which she called a \u201cgood thing.\u201d\u201cA year ago, people were in their homes, 10 percent of people were unemployed. Gas prices were low because nobody was driving. People weren\u2019t buying goods because they didn\u2019t have jobs,\u201d Psaki said. \u201cNow, more people have jobs, more people are buying goods, that\u2019s increasing the demand. That\u2019s a good thing.\u201d\u201cAt the same time, we also know that the supply is low because we\u2019re coming out of the pandemic and because a bunch of manufacturing sectors across the world have shut down, because ports haven\u2019t been functioning as they should be,\u201d Psaki continued. \u201cThese are all things we\u2019re working through.\u201dWATCH:Jen Psaki Defends Rising Prices: &#8216;Good Thing&#8217; Because it Means &#8216;More People are Buying Goods&#8217; pic.twitter.com\/IaKVYVSCbR\u2014 Jason Rantz on KTTH Radio (@jasonrantz) October 15, 2021Psaki was mocked online over the comment:Psaki weighs in with the time-honored &#8220;Let them eat cake&#8221; defense. https:\/\/t.co\/oD7ic9OxqY\u2014 Jeff Carlson (@themarketswork) October 15, 2021Blink. https:\/\/t.co\/iK5UtDqXJo\u2014 Omri Ceren (@omriceren) October 15, 2021LMAOOOOOO https:\/\/t.co\/im3rgpx9rC\u2014 Caleb Hull (@CalebJHull) October 15, 2021Biden had better find some people who aren\u2019t Helen Keller tone deaf and he better find them soon. Working people fixing to revolt. https:\/\/t.co\/RyXtxNDLfQ\u2014 Jesse Kelly (@JesseKellyDC) October 15, 2021Run with that one. https:\/\/t.co\/0bXKaVJ2N7\u2014 Stephen L. Miller (@redsteeze) October 15, 2021&#8243;Having no milk to give to your children is a high class problem&#8221; https:\/\/t.co\/2Ag0m4rc08\u2014 Fusilli Spock (@awstar11) October 15, 2021TRANSCRIPT:JAKE TAPPER, CNN ANCHOR: Inflation is skyrocketing, as I don\u2019t need to tell you. The prices for home heating costs, cars, groceries, furniture, rent, gasoline are hitting Americans right in the wallet. The White House response has been generally to say, hey, inflation shows that we\u2019re coming out of the recession, so it\u2019s a good sign.President Biden\u2019s chief of staff, Ron Klain, enthusiastically retweeted an economist who had said, in part: \u201cMost of the economic problems we\u2019re facing, inflation, supply chains, etcetera, are high-class problems.\u201dNow, I get the larger point that, when we\u2019re talking about economics, we\u2019re coming out of recession. But doesn\u2019t it seem tone-deaf to say that rising prices and empty grocery store shelves are high-class problems? Isn\u2019t that a bit dismissive?JEN PSAKI, WHITE HOUSE PRESS SECRETARY: Well, that\u2019s not exactly what the tweet said, nor the retweet of the original tweet, which is what we\u2019re talking about here. It is true, though, Jake \u2014 and economists will tell you this, and I know you have interviewed some of them as well \u2014 that the fact is, the unemployment rate is about half what it was a year ago. So, a year ago, people were in their homes, 10 percent of people were unemployed. Gas prices were low because nobody was driving. People weren\u2019t buying goods because they didn\u2019t have jobs. Now, more people have jobs, more people are buying goods, that\u2019s increasing the demand. That\u2019s a good thing.At the same time, we also know that the supply is low because we\u2019re coming out of the pandemic and because a bunch of manufacturing sectors across the world have shut down, because ports haven\u2019t been functioning as they should be. These are all things we\u2019re working through. What people should know is that inflation is going to come down next year. Economists have said that. They\u2019re all projecting that. But we\u2019re working to attack these cost issues that are impacting the American people every single day. But there\u2019s different issues in different sectors and many of the ones you mentioned.TAPPER: Well, Chief of Staff Ron Klain, back when he was a private citizen in 2018, on Twitter, he went after the Trump White House for efforts to dismiss rising prices. Klain asked if Vice President Pence would do what then-Commerce Secretary Ross did and \u201chold up a Campbell\u2019s Soup can and argue that price increases for basic food items really don\u2019t hurt the middle class.\u201dThere are a lot of people out there who might say, why did Ron Klain think that rising prices was a serious concern under Trump, but not under Biden?PSAKI: I can tell you, from sitting in a lot of meetings with Ron Klain day in and day out, he is obsessed with lowering costs for the American people. And that\u2019s driven from the president. And how we\u2019re approaching that is, we\u2019re trying to increase competition in the agricultural sector. We\u2019re working to get ports up and running, which is an announcement we made earlier this week. We\u2019re working with labor unions, with industry leaders to make sure that there\u2019s more of a movement of goods. This is our focus every single day. There isn\u2019t the same issue in every single sector. But every meeting I\u2019m in, he\u2019s pressing for the economic team and others to do more. And that\u2019s what the American people should know.The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a member.<\/p>\n","protected":false},"author":1,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-884399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/884399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=884399"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/884399\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=884399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=884399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=884399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}