#shorts a reporter asked White House press secretary Karine Jean-Pierre, “A question on the economy. The Fed is forecasting, of course, that unemployment may have to go up before they reach their goal. Just wondering if the White House shares the view that unemployment might need to rise in order to keep inflation down.
KJP: So, look … when we look at the recent economic indicators and we look at the data, it is not consistent with a recession or even a precursory period.
Reporter: But how concerned are you that if unemployment does go up, that it may hinder that very economic message? Because unemployment, as you just did, is often a bright point that the President points to.
KJP: … because of the President’s — because of the President’s economic plan, we — we see that his plan is working. And I think that’s important to point out too. We understand that there is concerns. We always say there’s always more work to do, obviously … Now, is there more work to do? Of course. But, again, those indicators give us confidence.
On 3/8/3023, Jean-Pierre said Biden would propose to raise taxes on corporate stock buybacks and said wealthy Americans would ‘pay their fair share’
Ahead of the release of President Biden’s budget on Thursday, the White House repeatedly signaled that Biden would propose to raise taxes on the wealthy while trashing the tax cuts signed into law by his predecessor Donald Trump as “reckless” and “irresponsible.”
other clips of this published longer video is here: https://youtu.be/ooqX_SgcJr0
Fed forecasting unemployment go up, but unemployment is often a bright point that President points to