Biden Economic Chief Asked Point Blank If He’s ‘Worried’ Inflation Will Come Back Up Over 4%

During Wednesday’s White House press briefing, Chair of the Council of Economic Advisers Jared Bernstein answered questions about inflation and gas prices.

Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:

Stay Connected

[Bassne]

Gas is down from 6$ to now 5$ HOW IS THAT A GOOD ARGUMENT. THIS GUY IS A JOKE

[firealarmslegosetc.]

Liar liar pants in fire. Gas went up over night 30 cents!

[Carter-X]

Great answer family's can't afford fuel and he says go buy a electric car 😂

[JCBinder]

This administration is the absolute worst in my lifetime (born in ‘84).
If you voted for this than you’re part of the problem and you should walk into oncoming traffic to make the world a better place.

[TOBYH]

THE OTHER DAY HERE IN SO. CA. GAS AT A SHELL STATION STARTED AT $5.89 FOR 87 OCTANE, $5.99 FOR 89 OCT.
AND $$6.09 A GALLON FOR 91 OCTANE, HOW ARE GAS PRICES FALLING? HE IS LYING.

[xyyx]

Funny how he only calculates the amount it saves "two drivers" $120/month. How about the additional money we pay for EVERYTHING because energy costs more?

[dallas]

This legit sounds like a press conference you would read about in “1984” The cognitive dissonance required to believe this is staggering

[gregorychapman]

All lies prices are to high you believe your own lies

[loyisires]

The rich people are not the problem they gave us jobs

[Mr.EeToMyself]

Give away 50 billion...
Yea. You'll get inflation.

[glennhiggins]

What about utilities food rent car payments Auto Insurance home insurance everything is at least 50% higher

[JCBinder]

The President hasnt been “straight-up” about anything Jared. Screw you for trying to convince us he has.

[glennhiggins]

Is he talking about his wages it sure wasn't my wages

[zkzyfyo]

When did it drop under 4 percent or is that 4 percent per week....

[babadook-qrpv]

Pruces went down a little. Im still paying 5.75 for gas 😂 ok it went down 15 cents ), gee thanks

[michaelturner]

The summer blend are the winter blend is not cheaper than the summer because it takes more to manufacture it I live in Arizona price of gas goes up every winter. What Atlanta agk did man

[marvinsmith]

The only question is what plan have republicans proposed to bring prices down? No plan voiced. Just the easy job of complaining.

[kennylynch]

it will N October because SSI SSDI raise is calculated July threw Sep

[dennisdickersonj.r]

They lie go to the grocery store its not fare