"The dirty little secret here, Willie, while nobody likes to pay more, on average, we have the money to do so," MSNBC business correspondent Stephanie Ruhle told anchor Willie Geist on NBC.
"Household savings hit a record high over the pandemic, we didn't really have anywhere to go out and spend," she went on.
Just in October, the Department of Labor reported a 6.2 percent rise in the consumer price index - the most significant annual increase since 1990 - as the country's top economists point to the nation's supply-chain shortages and businesses struggling to satisfy the demand from COVID shutdowns as the basis for the increase in prices.
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Ruhle claimed that rising retail prices and market values are evidence that while the current inflation is "challenging," Americans are complaining regarding something that could quickly be fixed.
Twitter users, though, pointed out that stock prices, retail increase, and market value are not indicatives of a strong economy, or for the case being, of an economy that will recover soon and branded Ruhle as an unempathetic "Stephanie Antoinette."
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"Nobody knows when exactly they [prices ] are going down, but you have to put this in perspective. This inflation is not an isolation, as the governor predicted - it is going to be a challenging recovery, all tied to COVID," Ruhle announced on NBC.
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Ruhle cited government monetary aids as a reason that Americans should be able to afford the record-high increase in the cost of living.
"So it's why you see things like, that expanded child tax credit. You have the families of over 60 million kids on average getting f$430 a month. For people on fixed income, older people, on social security, they are getting those fixed incomes adjusted next year at 5.9 percent for inflation," she stated.
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"And as we said a moment ago we are expecting retail sales this holiday season to break records, for those who own the values of their homes is expected to go up. And while the stock market isn't the economy, you've got over half American households with some investments in the market," she claimed.
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However, outraged users on Twitter debunked Ruhle's allegations that American families can afford the post-pandemic increase in prices for basic need items.
Twitter user @LowestOctave contended: "Stocks are based on future profits in dollars so devaluing dollars makes the market go up. It doesn't mean the economy is strong and it doesn't mean real stock value is increasing or even steady. Mostly it just means when you do have to cash out, you'll pay more in taxes."
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