Biden Is Out Of Touch With Reality On Inflation I & I Editorial Board

[mystery-ak]

Biden Is Out Of Touch With Reality On Inflation
I & I Editorial Board
January 14, 2022


These days, when President Joe Biden isn’t lying about being arrested during the Civil Rights struggles of the 1960s, he’s telling equally large fibs about “making progress” on inflation and the economy. Truth is, in the space of less than a year, he’s turned a recovering economy into dross.

Thursday brought yet more disastrous news about the “transitory” upsurge in inflation the media shills and Biden administration economic advisers talk about.

After Wednesday’s consumer price data showed a 7% rise in consumer prices for 2021, the highest since 1982, came worse news for producer prices: They rose a record 9.7% last year, as supply-chain issues and a massive burst of money printing by the Fed created a classic case of too much money chasing too few goods.

Yet, in a statement Wednesday, Biden claimed “we are making progress in slowing the rate of price increases.”

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https://issuesinsights.com/2022/01/14/biden-is-out-of-touch-with-reality-on-inflation/

[Kamaji]

Biden is simply out of touch with reality, period. 

[GtHawk]

Biden is simply out of touch with reality, period.

Exactly, there was no need for them to embellish it.

[libertybele]

Biden is simply out of touch with reality, period.

My thought exactly. 

[IsailedawayfromFR]

Biden buys nothing.

He is completely subsidized in housing, food, clothing, and transportation.

All services performed for him are free, from income tax preparation, haircuts, or buying necessities like a toothbrush or medical.

He is so completely clueless of the true cost to the masses as a king would be in medieval ages.