Trump Again Unleashes on 'Cryin' Chuck Schumer
Establishment GOP Scrambling to Fend Off MAGA Insurgent Nate Morris
How Texas Gov. Greg Abbott Intends to Nuke the Dems' Plan to Block...
Ted Cruz Says What Everyone’s Been Whispering About Biden for Years
She Blamed Trump for Rising Prices—His Clapback Was Brutal
Nancy Mace Just Made a Huge Announcement
This Is How a Dating App Turned Romance Into a Battleground
Californians Making Us Proud Following Ninth Circuit Decision
Newsom to California Voters: Let Me Rig the Maps Like Texas
Illegal Alien With Multiple Arrests Kills Mom and Daughter in New Jersey Crash
Trump’s Border Policy Is Doing What Biden Never Could
'Operation Seek and Ye Shall Find Out' Arrests 48 Child Predators
A United Airlines Flight Declared 'Mayday' Shortly After Takeoff
President Trump Is Passing a Moral Litmus Test That Many Others Are Failing
Trump: Sydney Sweeney's American Eagle Campaign Is the 'Hottest' Ad Around
Tipsheet

Obama Economic Advisor: Buckle Up, Inflation Will Get Out of Control Thanks to a Woke Fed

AP Photo/Mark Lennihan

Former Obama Economic Advisor Larry Summers is warning that thanks to a "woke" federal reserve, inflation is about to be driven into out-of-control territory. 

Advertisement

The White House is attempting to downplay rapidly rising inflation. Chief of Staff Ron Klain is referring to the issue as a "high class problem," despite prices on everyday household products and groceries significantly increasing in recent months. 

Press Secretary Jen Psaki said during Wednesday's briefing that Americans aren't really paying attention to details or comparing costs. 

Advertisement

Meanwhile, over on Capitol Hill, leading woke Senator Bernie Sanders, who is the chairman of the Senate Budget Committee, is standing firm with House socialists to pass President Biden's $3.5 trillion spending plan.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement