Aug 14, 2024, 12:00 AM
Aug 14, 2024, 12:00 AM

Harris Co-Chair Says Inflation Comes from Slow Recovery

Left-Biased
Highlights
  • Senator Chris Coons suggests inflation is a result of the slow post-COVID recovery.
  • He emphasizes that inflation is linked to the nation's process of economic restoration.
  • Coons' statements shed light on the factors driving inflation in the current economic landscape.
Story

On Wednesday’s “CNN News Central,” Sen. Chris Coons (D-DE), co-chair of the Harris-Walz Campaign, addressed inflation concerns stemming from the ongoing economic recovery post-pandemic. He emphasized that the inflationary pressures are not the fault of Vice President Kamala Harris, a 2024 Democratic presidential candidate, but rather a consequence of a slow and challenging recovery process. Coons highlighted that despite positive economic indicators, many Americans are still feeling the strain of rising costs. Co-host Boris Sanchez pointed out the significant increases in housing costs and everyday expenses, questioning how Harris could better communicate her economic narrative to resonate with those affected. Coons acknowledged the reality of these challenges, stating that it is crucial for Harris to connect with people’s experiences and recognize the difficulties they face, particularly in light of the pandemic's mismanagement by the previous administration. Coons reiterated that the economic chaos and job losses resulting from the pandemic are not Harris's responsibility. He stressed the importance of addressing the ongoing concerns of various demographics, including senior citizens and young individuals seeking affordable housing. Coons assured viewers that the Biden-Harris administration is actively working on proposals to improve housing affordability. Looking ahead, Coons expressed confidence that Vice President Harris would articulate these concrete proposals in the coming weeks, aiming to alleviate the financial burdens faced by many Americans as the administration continues to navigate the complexities of economic recovery.

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