On CNN's State of the Union, Jake Tapper asks Commerce Secretary Gina Raimondo why the Biden administration was "caught flat-footed" by high inflation, rising gas prices, and the nationwide baby formula shortage.
Secretary of Commerce Gina Raimondo was pressed on
CNN Sunday about the Biden administration looking "flat-footed" in its
response to inflation and the baby formula shortage, at one point citing France's higher gas prices as a defense of White House policies.
Raimondo
blamed inflation and high gas prices on the war in Ukraine and supply
chain issues during the pandemic after "State of the Union" host Jake
Tapper pointed to her comments from July. She said that inflation would
be temporary and a short-term problem, but it's bedeviled President
Biden and the nation for months.
"So you got it wrong, too," Tapper said.
"So,
clearly we are and Americans are struggling with inflation. But I don’t
think anyone predicted Putin’s war in Ukraine or various other things
that have happened that have been unexpected. I still think we will get
inflation under control. We just have to stick with it and see it
through," Raimondo told Tapper. She said that the war would continue to
drive prices up, adding, "we can't deny that."
Tapper continued to press Raimondo on the administration's role in
contributing to inflation. He cited economist Larry Summers, who said
there was a "chance" Biden's American Rescue Plan could fuel inflation, by pumping the economy with too much money.
"I don't really agree with that characterization. The reality is, I
was just in Europe a couple of weeks ago. Gas in France is $10 a gallon.
They didn't have an American Rescue Plan like we did. I shudder to
think, Jake, what we would be living through right now if we didn't have
the American Rescue Plan. Remember, that was the money for
vaccinations, which actually allowed us to get everybody back to work,"
she said.
Inflation hit 8.3% in April, a slight decrease from March's Consumer Price Index. In March, inflation climbed to 8.5%, a 40-year-high.
Tapper
also asked Raimondo about the administration's response to the baby
formula shortage. Raimondo said she first heard about the issue in April
but noted that she was not involved in the response to it.
Following the closing of the Abbott plant in Sturgis, Michigan,
parents across the country have struggled to find and purchase baby
formula. Biden said on Friday that a shipment of 33 million bottles of baby formula were headed to the U.S.
"We're
talking about two critical issues here that directly affect the
American people where they live. Where the Biden administration looks
like it was caught flat-footed – inflation and baby formula, not to
mention the record gas prices, which were hurt by the war in Ukraine, no
doubt, but that's not the only reason why they're so high. Why does it
seem the Biden administration is consistently playing clean-up on these
problems that are playing out exactly as many experts forecast they
would instead of heading them off before they become a crisis?" Tapper
asked.
Raimondo said that it was "one way to look at it," and continued to
praise Biden's leadership and decisions. After noting she didn't want to
"minimize" inflation, she said, "fundamentally, what we have here is a
robust economic recovery. And I think that's in large part due to the
president's leadership."
The average gas price could hit $5 per gallon soon and are already setting records. The average price per gallon reached $4.84 on Sunday, according to AAA.
The Abbott plant reopened and restarted production on Saturday. EleCare
formula and other special metabolic formulas will be available on June
20, according to the company.
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NBC News correspondent Yamiche Alcindor worried Democrats would have a difficult time making Americans "care" and pay attention to the January 6 hearings, amid high gas prices, inflation, and a baby formula shortage. Appearing in a MSNBC panel Monday, Alcindor told host Andrea Mitchell that the "biggest challenge" the January 6 House Select Committee faced was getting Americans to have the same level of concern for their investigation. "I think the biggest challenge for lawmakers here as they talk about these sort of huge ideas of American democracy and sort of the experiment that we’re all living and benefiting from possibly being brought to his knees is whether or not they can make people care, Andrea," she said. Link 1 Link 2 Link 3 September 18 Post By Học Để Thi | Breaking News, Latest News and Videos Tranganhnam.xyz
Chris Cuomo and Don Lemon discuss President Donald Trump's comments about race after the 2019 Oscars. Be nice if Spike Lee could read his notes, or better yet not have to use notes at all, when doing his racist hit on your President, who has done more for African Americans (Criminal Justice Reform, Lowest Unemployment numbers in History, Tax Cuts,etc.) than almost any other Pres! — Donald J. Trump (@realDonaldTrump) February 25, 2019 The left loves to hate on Trump, calling him a racist and what not. I know Trump can be juvenile sometimes – certainly – but the racist and hateful name-calling is just what it is, garbage.