This week, members of the Biden White House have shown the American people—who are being forced to pay higher prices due to inflation— how out of touch they are from the plight of everyday Americans.
As Americans are having a harder time paying their bills and saving for Christmas gifts for their families, White House Chief of Staff Ron Klain and Press Secretary Jen Psaki both made comments that provided a window into what the administration really thinks about Americans who live outside the Beltway.
‘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,’ Furman wrote, apparently referring to when Federal Reserve Chair Jerome H. Powell said the employment rate in January was around 10 percent.”
When asked about how inflation impacts the financial decisions Americans make, Press Secretary Jen Psaki dropped this doozy of an explainer on personal finances:
“And also because we all understand the American people are not looking at cost to cost comparisons from this year to two years ago, they’re looking at cost to cost comparisons to their checkbooks from eight months ago or twelve months ago and even though factually, if you look back to years ago things may be comparative, that’s not how people look at things.”
See, according to Klain and Psaki, we plebians who live in flyover country are too stupid to understand that we are paying more for goods and services.
Thankfully we have economic geniuses like Ron Klain and Jen Psaki to provide us with some much-needed perspective.
And this, folks, is why Joe Biden went from being the “most popular” president in history to a president with an approval rating below 40%.
Adding to Biden’s unpopularity is the fact that Americans are paying more for a wide range of goods. Inflation is at its highest in 13 years, and the Social Security Administration has warned that benefits will have to rise at the highest rate in 40 years to keep up with the cost of living.
According to the Daily Caller, “The latest Commerce Department data shows year-over-year inflation amounted to 4.3 percent. That’s the quickest rise over 12-months in 30 years. An alternative inflation indicator measured a 5.3 percent jump over the same period. Average hourly earnings simultaneously grew by 4.3 percent. As prices rise, purchasing power weakens, and wage gains erode.”
Furthermore, gas prices are at the highest they’ve been in seven years. Last year the national average for a gallon of unleaded gas was Only $2.18. Now the national average is $3.22.
But, you see, these are “high class” problems, and we obviously don’t realize how much more we are paying on goods that used to be cheaper.
There is a term for this: gaslighting…and the Biden administration has made it an artform.
Welcome to gaslight nation.