Showing posts from November, 2021

Press Briefing by Press Secretary Jen Psaki, November 15, 2021

 MS. PSAKI:  Hi, everyone.  Okay.  I just have one item for all of you at the top.  Obviously, an exciting day here at the White House, but I also wanted to note that the President — which we announced, of course — but signed an executive order this morning on the implementation of the infrastructure bill, which laid out six main priorities to guide implementation, including: Investing public dollars effectively — efficiently, effectively — of course, avoiding waste and focusing on measurable outcomes for the American people. Buying American and increasing the competitiveness of the U.S. economy, including through implementing the act’s Made in America requirements, and bolstering domestic manufacturing and manufacturing supply chains. Creating good-paying job opportunities for millions of Americans by focusing on high labor standards for these jobs, including prevailing wages and the free and fair chance to join a union. Investing public dollars equitably, including through th

Inflation airhead: NBC's Stephanie Ruhle says the "dirty little secret" of people complaining about paying higher prices for food and fuel for their homes is they can afford it just fine. According to her, people should have been saving during the pandemic and stocks look good.

Stephanie Ruhle   argued Americans have to put the   high inflation rate   and rising costs of food and other every day items "in perspective" on Sunday. The  consumer price index  rose 6.2% year over year in October, according to the Department of Labor, the largest annual gain since November 1990. And prices rose 0.9% month over month.  But the soaring costs, Ruhle said on NBC, were expected after the worldwide pandemic, before telling anchor Willie Geist that Americans "on average" can actually afford the higher prices. "The dirty little secret here, Willie, while nobody likes to pay more, on average, we have the money to do so," she said. "Household savings hit a record high over the pandemic, we didn't really have anywhere to go out and spend." Ruhle added that the U.S. is expecting "record" retail sales this year, home values are up, and the stock market is experiencing record highs, to justify her argument. Conservative pundi