Read Time:36 Second
White House press secretary Jen Psaki on Wednesday pushed back after a reporter asked if President Joe Biden takes responsibility for high U.S. inflation because last year he signed a $1.9 trillion COVID-19 relief package into law that economists such as Larry Summers said at the time wasn’t needed. “Well, the alternative would have been that we would have gone into a massive economic downward spiral, and many Americans would have not had enough food to put on the table. So we chose the other path,” Psaki said during a press briefing.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
0
0
