Inflation; It’s Only One Guy (Daily Caller)

White House on Inflation; It’s Only One Guy

White House spokesman Jay Carney today dismissed a statement from WalMart’s CEO that price-boosting inflation is advancing up from producers to consumers.

“In terms of one person’s prediction about inflation, I’ve don’t have a response to that,” he told reporters assembled for the daily press briefing.

But WalMart’s CEO, Bill Simon, is tracking the exact price of everything he sells – from avocados to zucchini, autoparts to zippers – and he’s got prices from farms and factories, middlemen and resellers, truckers and shippers. The company is “seeing cost increases starting to come through at a pretty rapid rate,” he told USA Today’s reporters on Wednesday.

Carney’s response to inflation risks a public backlash and already, Gallup’s March 27 poll numbers show that only 36 percent of its panel belief he has a clear plan for solving the country’s problem.

White House officials closely track gas prices, partly because they’re a brake on economic recovery, but also because they hit swing-voters in the pocket. “We watch these things very closely,” Carney told the press, adding that the President has already announced a national energy plan. That plan, revealed March 11 and again on March 28, calls

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