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White House press secretary Karine Jean-Pierre defended President Joe Biden’s economic policies, claiming that despite historic inflation, the number of U.S. adults feeling “financially comfortable” is at its highest point since 2013.
Her comments came during a tense exchange Tuesday with Fox News’s Peter Doocy about a recent Wall Street Journal poll that suggested 61% of the country is “generally pessimistic about people having an opportunity to achieve the American dream” due to the current economic climate.
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“The fact is, we are in a fundamentally different place compared to when the president took office and compared to this time a year ago,” Jean-Pierre countered. “During this presidency, people felt uncertain about the economy generally, but they actually felt as good about their personal financial situations as they ever have, according to the Federal Reserve survey, with nearly 80% of adults reporting that they are financially comfortable. So that matters as well.”
“We understand that people are feeling this. They are feeling the increase of prices, with food in particular right now, and gas. That is something that we understand,” she continued. “What I’m trying to say to you is that the economy is in a better place than it has been historically, and so we feel here at this administration, and other experts as well, is that we feel that we are in a good position to take on inflation. We are in a good position to really start really working on lowering prices.”
Jean-Pierre repeated that “we are in a much better place economically” but reiterated that the administration understands that “there’s still work to do.”
CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER
You can watch Tuesday’s briefing in full below.
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