MSNBC’s Ruhle: Inflation is High But The Economy Is Great

[rangerrebew]

MSNBC’s Ruhle: Inflation is High But The Economy Is Great
Sarah Butler
May 25th, 2024 8:46 PM
 
 
According to a new Harris-Guardian poll, more than half of Americans think that we are currently experiencing a recession, but on Thursday, MSNBC’s host of The 11th Hour, Stephanie Ruhle could not seem to believe why people would believe that.

She did acknowledge that inflation is high by conceding, “I will give it to you, inflation is a problem, right? Rent is high, mortgages are high, insurance is high, buying a car is high, groceries cost a lot of money, but a recession?”
 
Peter Spiegel, U.S. Managing Editor of the Financial Times, discussed how detrimental this inflation is for the Biden’s  campaign, “They know that they can't win on this. It’s not like inflation is going to turn around in six months, and people will forget that prices were cheaper two years ago.” Followed by a suggestion to the Biden administration to “neutralize” it so they can focus on other important issues.

Even when we were in a recession, Ruhle defended Biden by spinning the economy was doing great.

https://newsbusters.org/blogs/nb/sarah-butler/2024/05/25/msnbcs-ruhle-inflation-high-economy-great

[LMAO]

The economy isn’t doing great but it isn’t as bad as Trump likes to claim. We are not in a recession.

We’re plugging along only because other countries are in tougher shape and not as a result of any policy from Biden

[Wingnut]

As SÑL skit proclaimed "it is better to look good than to feel good"

[The_Reader_David]

One graphic suffices to show why "inflation is high, but the economy is great" is an absurd sentiment, at least as applied to present circumstances: