Two market and economic experts are siding with recent commentary from a former White House chief of staff that inflationary pressures are becoming too much for Americans to bear.
People live their lives and they wonder how it affects them and their kitchen table and their family budget. And prices, although inflation has moderated, prices are still high," Klain said. "The price of gasoline is still high, other prices are still high, and people feel that pinch." "On the first day of this administration, they surrendered our energy independence. Then they took the oil out of the emergency reserve.