It Is Right and Proper to Laugh at the Suffering of Journalists
For Epstein Victims and Members of Congress, It’s Time to Put Up or...
Axios Is Having a Tough Go of Things This Week, and Media Are...
The Brilliant 'Reasoning' of the Left
The Decline of the Washington Post
Ingrates R’ Us
Jeffries and Schumer Denounce Trump's 'Racist' Video — but Who Are They to...
NYC Needs School Choice—Not ‘Green Schools’
Housing Affordability Is About Politics, Not Economics
Is It Cool to Be Unpatriotic? Perhaps — but It’s Also Ungrateful
A Chance Meeting With Richard Pryor — and Its Lasting Impact
What’s Next After That $2 million Detransitioner Lawsuit Win?
Focus Iran’s Future on Democracy, Not Dynasty
California Campaign Adviser Sentenced to 48 Months in PRC Agent Case
19 New York City Residents Reportedly Freeze to Death After Mamdani Changes Homeless...
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