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>> 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 we're 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. there's 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, kentucky congressman john yarmouth, chair of the house budget committee and our good friend. nic...

Inflation shows we're coming out of the recession. it's a good sign. president biden's 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 we're talking about economics, we're coming out of recession. but doesn't it seem tone deaf to say that rising prices and important grocery store shelves are high class problems? isn't that dismissive? >> well, that's not exactly what the tweet said nor the retweet of the original tweet, which is wha...

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 we'll turn it on 24/7 it'll 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 we'll keep a dock over for 24 hours? are you kidding me that's your plan? meanwhile yesterday this was stunning. it was about i would think about 10:00 in the morning when ron cl ain the chief of staff, whose a harvard economics professor and former chairman of presiden...

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 this supply chain crisis. then on the flip side, you had the white house chief of staff, ron klain, ...

Package, 5.5 trillion or less if there's negotiation. but you can see there, we can see the inflation outpacing wages, especially those making minimum wage. that's why people say this retreat by chief of staff ron klain is tone deaf. they say it's 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 inflation is actually a good reason. the unemployment rate has come down. families got money. peo...