Page 3 - Class Problems News Today

>> reporter: but it is a process. best case officials say we could be seeing some of these log jams clear by the end of this year. more likely were talking about sometime next year as the demand continues, the economy continues to be strong for now, and the ports try and keep up. alex. >> yikes. theres that little thing called a holiday season, and all the shopping therein that is going to come before the expected clearance of all this. all rights scott, thank you so much. joining me right now...

Inflation shows were coming out of the recession. its a good sign. president bidens chief of staff ron klain enthusiastically retreated an economist who said in part most of the economic problems, inflation, supply chains, et cetera, are high class problems. now i get the larger point that when were talking about economics, were coming out of recession. but doesnt it seem tone deaf to say that rising prices and important grocery store shelves are high class problems? isnt that dismissive? >> wel...

Run government when you have no experience running anything, like joe biden, like pete buttigieg, no surprise they think they can wave a magic wand and say well turn it on 24/7 itll be fine. brian: how about bring in the head of the ceo fedex and other prestigious organizations and you bring them in and your one brainstorm is well keep a dock over for 24 hours? are you kidding me thats your plan? meanwhile yesterday this was stunning. it was about i would think about 10:00 in the morning when ro...

Factories and jobs to china. he welcomed china in the world trade organization, which they have gained to take more and more jobs, which requires us to send our money there to import these goods back. now joe biden wants to blame just transitory shipping conditions. this is much deeper than that and joe biden has been at the root of it from the very beginning. >> trace: a couple of questions in one. you talked about blame here. he came out and he said the private sector needs to step up to help ...

Package, 5.5 trillion or less if theres negotiation. but you can see there, we can see the inflation outpacing wages, especially those making minimum wage. thats why people say this retreat by chief of staff ron klain is tone deaf. they say its in high class problems. the man that wrote that original tweet, jason furman backs up what he wrote. listen. >> one is inflation is real. inflation is creating a problem for families that we should do something about it. number 2, the reason we have this ...

A harvard professor that said most of the economic problems we are facing, inflation, supply chan chains, et cetera, are high class problems. >> hes getting a lot of fire for this the issues were seeing are grocery bills are up, rent is up, gas prices are up, those are things that affect every single person, every single day of their life. and that is something that when ron klain was tweeting this it raised a lot of eyebrows and people saying is that really the white houses position on this. ro...

Further as americans head into the busy holiday shopping season. tonight the administration is trying to spin a retreat from one of its top people, calling these issues high-class problems. the presidents critics tall that it -- call that a tone-deaf comment but will that are the new statistics for the president of fosters party in the next months important gubernatorial race in virginia? we will have analysis of the race and a look at some new polling from fox news. if first up we go to the whi...

The country, the white house chief of staff, ron, retweeted, a post from a has beenrd professor, who claimed that current economic crisis are just high class problems. again, twice. so, um, joe, who is he talking about high class problems? i mean mean, i mentioned last hour, everybody needs diapers and feminine products and those thing we dont say out loud. do you have to be rich to need a a kleenex. >> or to buy baby food. wouldnt it be interesting to hear from the press secretary if she and th...

Former chairman of economic advisers, jason furman, where he said for full context, which is important, most of the economic problems were facing, inflation, are high class problems. he said we wouldnt have them in the unemployment rate was 10%. we would have a much worse problem. so i think the point here is that while theres some critics -- what some of these critics are saying, we dont flow if theyre saying what they thought was great when the unemployment rate was double what it is today or ...

Editor at large from the "wall street journal." gentlemen, thanks for coming in. william, look at the prices. were talking about rent, grocery, gas, heating bills, furniture, housing, restaurants, alcohol, its all open. the white house chief of staff ron klain said the following here. most of the economic problems were facing, inflation, supply chains, et cetera, are high class problems. we wouldnt have had them in the unemployment rate was 10%. we would have a much worse problem. gerard, your t...