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On. what voters are going to cast their ballots on is inflation. we re seeing an aggressive pr push to say the president understands the problem, but there s only so much he can do. he s pointing to the fed chair saying, this is the guy here who s the face of our response to this and there s only so much they can do at 1600 pennsylvania avenue, but they re well aware of the stakes and the pain americans are facing. lynnette lopez is with us. i mentioned steve ratner was here a little while ago says this was predictable in many ways when you pump that much money into the economy. ....
These new flights today to try to speed up imports into united states to try to restore those shelves. the latest is from united airlines. they re going to be bringing in formula from london over the next three weeks. the other is from australia. that s expected to go to california and pennsylvania next week, though there are still big questions of when those shelves will be back to normal. so the economic rollout, the pr push from the white house, inflation now at 40-year highs, new remarks from the treasury secretary may complicate their messaging. what do you know? reporter: yeah, this new rollout from the administration to show voters they are paying attention to these higher prices came with a pretty surprising admission yesterday from the treasury secretary janet yellen, who did say that she did not anticipate inflation being as high as it is. that is not something you ve heard other administration officials say when asked if it was a mistake to refer to inflation as temporar ....
Creation shifts in the next year from current levels of 500,000 to something closer to 150,000, it will be a sign that we are successfully moving into the next phase of recovery as this kind of job growth is consistent with a low employment rate and a healthy economy. the most important thing we can do now to transition from rapid recovery to stable, steady growth is to bring inflation down. that is why i have made tackling inflation my top economic priority. so, what we expect to see from this white house and from this president is to really try to focus over the next month or so on this issue, but again, this has been a consistently difficult thing for this administration to do because so much other news has happened, but there s no question that this president and his top officials understand that this is one of his biggest political vulnerabilities as we head into the midterms. and the pr push has begun. mj lee at the white house, thank you. two of the country s most glaring ec ....
Competition, they have free rerein to increase their prices. we have had members of the administration, i mentioned cecilia rouse, jared bernstein, they re available everywhere, but the polls show that despite the pr push, the american people are dissatisfied, only 14% say the economy is good or excellent. 46% say it s poor. if gas stays at $4.60, how much can a pr push accomplish? well, i think a pr push cannot accomplish all that much. i mean, it s important the administration get arguments out there and make sure people know that job growth has been steady and increasing and very good. it s important that the administration get all of the good news out there that is possible, but in the end, there is not a huge amount that an administration, any administration can do, and this is why i have been pushing a ....
Deficit, also pack some tax law reform and that s a long-term political fight. this line stood out to me. i ve done what i can do on my own to help working families during this challenging time and will keep acting to lower costs where i can, but now congress needs to act. has the white house exhausted all of its options and the pr push now that is all that s left? so, what the president is trying to do in the op-ed is talk about his vision for the economy and also help the american people understand that we ve go p come out of a tremendous period of recovery. thanks to the american rescue plan, we have shots in arms, household finances are healthier than they were before the pandemic started, we have had record numbers of businesses start. the bones of the economy are good. we have inflation. it s important that that come down. but the president s long-term goal is to see stable, steady growth, and that is a growth where families see their real incomes rising, where the economic cap ....