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Cataloguing Biden’s Ineptitude On Inflation

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Posted By: RockyTCB, 7/14/2022 7:48:14 AM

When the latest government report on inflation came out on Wednesday, showing that it had hit another grim milestone in June of 9.1%, President Joe Biden told the public not to worry. That figure, he said, “is out of date.” Prices for key components of the Consumer Price Index have eased so far in July, he said. Besides, he said, inflation is higher “in many countries (in Europe) than in America.” The public would do well to ignore anything Biden says about inflation, given his horrible track record

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Reply 1 - Posted by: MickTurn 7/14/2022 8:05:23 AM (No. 1215865)
The only thing Brandon knows about INFLATION is when his Diaper gets FULL!
3 people like this.

Reply 2 - Posted by: Digger 7/14/2022 8:33:13 AM (No. 1215904)
Jared Bernstein often appears on cable news shows as an apologist for the Biden economy. I think he is a member of the economic advisors’ panel. His qualifications? He has a bachelor’s degree in music and a PhD in sociology. He is the guy who says “Don’t pay any attention to that man in the corner.” when confronted with facts. He wouldn’t let Cavuto pin him down on any economic reality yesterday.
1 person likes this.

Reply 3 - Posted by: Kafka2 7/14/2022 9:15:17 AM (No. 1215962)
Might the reason be that the economy is beginning to defend into recession due to inflation? If Biden and the Democrats do any more irresponsible spending, they will make this a severe one. Only two Democrats show an sign that they are aware of the financial cliff we are about to go over.
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Reply 4 - Posted by: Ditto1958 7/14/2022 10:17:26 AM (No. 1216031)
It’s NOT ineptitude. They know exactly what they’re doing and they are trying really hard to do it.
4 people like this.

Reply 5 - Posted by: stablemoney 7/14/2022 12:02:42 PM (No. 1216164)
Unnecessary to catalogue. I already record and compare my spending this year against prior years. This year spending is up a lot, and the 401K statement is down a lot.
1 person likes this.

Reply 6 - Posted by: Bur Oak 7/14/2022 1:07:55 PM (No. 1216240)
If it is the federal government it is likely malice rather than ineptitude.
0 people like this.

Reply 7 - Posted by: jeffkinnh 7/14/2022 1:14:32 PM (No. 1216254)
largely inaccurate >> standard dem lies Note that this is not just Biden's problem. The dems, as a party, passed the BBB bill. The dems, as a party, wanted oil production in this country pushed back to fix "climate issues". The dems, as a party, are foisting electric cars, solar, and wind power on us, NONE of which are feasible answers to the problems they claim they are trying to fix. The dems, as a party, have no good ideas to fix the supply chain issues. Brandon could be tossed out today and as long as the dems are in charge, things will get worse. They are inept and clueless. Dems are toxic. The only solution is to pick good Republicans in the primaries (FLUSH Cheney and her ilk) and vote them in in November and in 2024. While good individuals are optimum, the essential thing is Republican votes.
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Reply 8 - Posted by: DrOstrow 7/14/2022 1:50:32 PM (No. 1216289)
Sorry but there is NOTHING inept and/or clueless in what is happening to this country. It is ALL intentional and done with a purpose, namely to, if not destroy this country then to hobble, cripple and damage is so much that it is no longer considered an obstacle to one world COMMUNIST government consisting of the haves and the have-nots, IOW the very very rich and the very very poor !
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When the latest government report on inflation came out on Wednesday, showing that it had hit another grim milestone in June of 9.1%, President Joe Biden told the public not to worry. That figure, he said, “is out of date.” Prices for key components of the Consumer Price Index have eased so far in July, he said. Besides, he said, inflation is higher “in many countries (in Europe) than in America.” The public would do well to ignore anything Biden says about inflation, given his horrible track record
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