Top White House official retweets post calling inflation, supply chain issues ‘high class problems’
Ronald Klain, the White House chief of staff, was criticized online late Wednesday after he retweeted a post from a Harvard professor that summed up our top economic issues as “high class problems.”
Jason Furman, Harvard’s Aetna professor of the practice of economic policy, said the country would not be faced with these issues if the unemployment rate was still 10%, an apparent reference to Federal Reserve Chair Jerome H. Powell’s comments early this year when he said the unemployment rate in January was around that number.
Furman said if that unemployment rate was still a reality, the country would have “had a much worse problem.”
This 👇👇 https://t.co/ymh53nEHAg
— Ronald Klain (@WHCOS) October 14, 2021
Conservatives on social media took issue with Klain’s retweet, claiming that he was, in effect, downplaying the hardships that some Americans are experiencing.
“Struggling to pay for food, fuel, and housing because of rising prices is not a ‘high class problem,’” Tommy Pigott, the rapid response director for the Republican National Committee, tweeted. “Biden is making everyone worse off, but instead of stopping the damage, their strategy is to try to gaslight Americans.” – READ MORE