pay more for your gas lien or gasolineor winter months. they are part of the problem we are having right now and plan will only make it worse. brian: jason fuhrman he of high class problems harvard economist who chaired the white house council of economic advisers under president obama, according to my colleagues, president obama a democrat. he says the original sin was an oversized american rescue plan that contributed to both the higher output but also higher prices. and larry summers said similar things about inflation. we have critical of janet yellen. i mean, between ripping each other democrats ripping each other s eyes out on the reconciliation package and the way the economic experts are disagreeing publicly, you don t even need republicans. yeah, bribe. i mean, jason fuhrman and larry summers are not exactly right wing knuckle draggers. these are former obama and clinton officials who have been cautioning democrats for months that they are going to
ainsley: you can t get your jacket in 15 colors you can in another color and high class problems. enough is enough. this is affecting everyday americans. and, yes, in the grand scheme of things, if you can t get your halloween costume or can t get your furniture but when it s months and month and months and people are used to get their goods and paid for them and can t get them it s a problem. steve: i was at the grocery store and bob the grocery guy i said what are you out of now he said we re running out of everything. ainsley: it is a big deal. it s not a high class problem. it causes inflation, higher prices. that affects poor people, middle class and high class americans. it effects earn. back to that original talking point about the planes in the middle of the night, you look at long island where you live, brian, 2600 children have been brought into long island on these flights. that s very concerning to the congress men and women out there representing long island. this is on bo
inflation numbers as high class problems. part of the president s proposed fix, trillions in new government spending. 38% believe the plans would help the economy. you think about extending more benefits to the american people that we cannot afford that obviously in many ways are not even federal responsibilities. it only helps hook more people on a government paycheck. that is bad for their futures, bad for their kids. democrats are privately figuring out how to slim down the president s proposal and key climate changes are out. we have too look at other ways to reduce carbon emissions. that s the discussion we re in now. that goes to show the bill is not finished. the president is promoting it in p.a. anyway. i m not going to get into if i negotiated with you guys, i wouldn t be as far along as i am. i m hopeful we ll get a good deal. the president is taking a trip down memory lane giving remarks where he s sharing
class problem. i do not agree it is transitory, chris. there is part of it that s transitory, that s covid related. there are things going on that fund mentally of much deeper than that, involve change in behavior. we should look forward for another year at least of high and persistent inflation. chris: when you say high class problems, i think a lot of people would push back and say if it s costing 40% more to fill up my tank of gas, if i want to get christmas presents and can t find them, that s not a high class problem. yeah, that s not a high class problem but there are elements that are high class. one, massive demand for labor. so wages are starting to go up and are starting to go up meaningfully. second, the reason why there s so much inflation is partly due to a lot of demand. there s a lot of purchasing power in the economy. that s a good thing. it is the supply side, the everything shortage, if you like, that is the problem.
spending between a bipartisan infrastructure bill and what they re calling a human infrastructure bill will address supply chain problems and bring down inflation. we ve got to get people back into the workforce. what s going to get people back into the workforce, providing them with child care. my view is that the bill exactly is tackling inflation. reporter: democrats have set an end of the month deadline for themselves to pass both bills. the problem for the president right now is that he can t get his party to agree on how to do it. todd, carley. todd: lauren blanchard kicking us off on a monday. carley: senator ron johnson is pushing back against members of the biden administration like chief of staff ron klain for supporting the idea that shipping issues and inflation are high class problems. democrats are living in a fantasy world. they deny reality. the reality is, is high inflation primarily affects retirees and the working poor or any poor person. the risk people can