During an interview with the “Fox News Rundown” podcast released on Monday, House Republican Conference Chair Rep. Elise Stefanik (R-NY) said the Biden administration is increasingly losing touch with people on the economy and pointed out that, a year ago, White House Chief of Staff Ron Klain argued that inflation is a “high class” problem.
Stefanik stated, [relevant remarks begin around 9:55] “They are increasingly out of touch. So, it was just over a year ago that the White House Chief of Staff said inflation is a ‘high class’ problem. He is dead wrong. First of all, it’s a tax and it’s painful for every American family, but specifically, the working class, people that already have very tight budgets that have gotten even tighter. So, it shows a growing disconnect between Joe Biden and Democrat leadership and the American people. And I don’t need the CEO of JPMorgan Chase to say we’re in tough economic times. I talk to my constituents. They see the interest rate hikes. They see the inflation. They see gas prices going up. People understand, inherently, that we are in a recession and they understand that Joe Biden is woefully out of touch.”
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