Article

2022-07-14 Economy

WH Econ. Adviser Rouse on Biden Saying Inflation Hit ‘Peak' in December after Russian Troop Buildup: Inflation ‘Due to' Pandemic and War

[Breitbart] On Wednesday’s broadcast of CNN’s "The Lead," White House Council of Economic Advisers Chair Cecilia Rouse responded to a clip of President Joe Biden predicting that inflation had peaked on December 10, 2021, when Russian troops were already on Ukraine’s border by stating that "The inflation we’re seeing is due to the pandemic and is due to the war."

Host Jake Tapper stated, "CNN’s Kaitlan Collins asked President Biden about inflation on December 10 — it’s July now — on December 10, and President Biden told her then that he thought December 10 was the peak of the crisis."

In the clip, Biden stated, "I think you’ll see it change sooner than, quicker than, more rapidly than it will take — than most people think. Every other aspect of the economy is racing ahead. It’s doing incredibly well."

Tapper then said, "Now, obviously, the war in Ukraine has happened since then, which is partially to blame for higher gas prices, although Putin’s forces were on the border right then. But it just seems clear that the Biden administration has misjudged how bad inflation was going to get, for months and months and months."

Posted by Besoeker 2022-07-14 03:29|| || Front Page|| [11128 views ] Top

#1 How can these people keep a straight face ?

Posted by Besoeker 2022-07-14 03:33|| 2022-07-14 03:33|| Front Page Top

#2 "We're Democrats. We have no shame"

Posted by Frank G 2022-07-14 07:19|| 2022-07-14 07:19|| Front Page Top

#3
Headline SHB
"Biden Predicts Inflation Ends 6 Months After Trump is Re-elected."

Then, in a never seen burst of (D) honesty, stated. There is no way spending related inflation can be controlled, when Liberals & Democrats have are spending the next 5 years of revenue ahead of it being collected.

Posted by NN2N1 2022-07-14 07:23|| 2022-07-14 07:23|| Front Page Top

#4 Market Now Sees 100 Basis Point Fed Hike This Month

Posted by Skidmark 2022-07-14 09:28|| 2022-07-14 09:28|| Front Page Top

#5 Jim Jordan Rips ‘Dysfunctional’ Biden Admin: Americans Crossing Border into Mexico ‘Because Gas Is Cheaper There’

Posted by Skidmark 2022-07-14 09:45|| 2022-07-14 09:45|| Front Page Top

#6 I'm sure the same Bidet administration that can't stop any foreigner from coming over the border will find resources to crack down on this nefarious activity. After all, those people are importing gasoline without the necessary gummint paperwork and are evading the federal gas tax.

Posted by M. Murcek 2022-07-14 09:59|| 2022-07-14 09:59|| Front Page Top

#7 Keep in mind, with the spinning, as the price of appliances if you will continues to increase, the necessary percentage to raise the price by $20 decreases.

Posted by swksvolFF 2022-07-14 10:56|| 2022-07-14 10:56|| Front Page Top

#8 "We're Democrats. We have no shame"

Besides, it is not a lie if you really believe it.

Posted by SteveS 2022-07-14 11:57|| 2022-07-14 11:57|| Front Page Top

#9 When knowledge and curiosity are liabilities.

Time to re-introduce Foundation to the kids.

Posted by swksvolFF 2022-07-14 13:17|| 2022-07-14 13:17|| Front Page Top

#10 Will someone please send Cecelia an Econ 101 textbook?

Posted by Tom 2022-07-14 14:11|| 2022-07-14 14:11|| Front Page Top

07:10 NN2N1
07:09 Besoeker
07:03 NN2N1
06:58 NN2N1
06:58 Besoeker
05:28 Whiskey Mike
05:23 Whiskey Mike
05:21 Whiskey Mike
05:18 Whiskey Mike
05:15 Whiskey Mike
05:13 Whiskey Mike
05:08 Whiskey Mike
05:05 Whiskey Mike
05:03 Whiskey Mike
03:23 Besoeker
02:05 Grom the Affective
02:04 Grom the Affective
01:26 49 Pan
00:22 EMS Artifact
00:16 Skidmark