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STICKER SHOCK! CNN’s New Day Admits Inflation Fears Are Legitimate: “It’s Coming”
NewsBusters ^ | 5/10/2021 | Joseph Vazquez

Posted on 05/10/2021 8:13:59 AM PDT by JV3MRC

CNN recently had a rough day when it conceded realities that underscored why President Joe Biden’s stimulus monstrosity was proving to be a disaster for the economy.

CNN co-anchor Brianna Keilar admitted that a “debate erupted this week over the risk of inflation in the U.S” during the May 7 edition of New Day. She juxtaposed her comment with what she called “all the good economic news.” She then tried to undercut concerns by noting Treasury Secretary Janet Yellen “downplaying those risks, saying that interest rates may have to rise a bit to keep the economy from overheating.” However, Keilar shifted to introduce a “New Day explainer from [Chief Business Correspondent] Christine Romans on why you’re starting to see prices of products rising.” It’s too bad former President Barack Obama’s National Economic Council Director Larry Summers already warned about inflation dangers for months.

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: cnn; inflation; joebiden; stimulus
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And in the next breath they expect everyone to believe that a majority of America voted for this.


21 posted on 05/10/2021 8:53:00 AM PDT by RandallFlagg ("Okay. As long as the paperwork is clean, you boys can do what you like out there." -Fifi)
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To: 1Old Pro

***you will have classic Carter era Stagflation***

I remember those days of Carter the Incompetent! I also remember the super high interest rates as a result of his policies and how Unions tried to later blame it on Reagan.


22 posted on 05/10/2021 8:58:02 AM PDT by Ruy Dias de Bivar ((Democrats have declared us to be THE OBSOLETE MAN in the Twilight Zone.))
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To: JV3MRC

Can’t wait till I see the TV adds...

“REFINANCE YOUR HOME AT 125% IT’S CURRENT VALUE! TAKE ADVANTAGE OF THE NEW SUPER LOW RATE OF 20% INTEREST!”


23 posted on 05/10/2021 9:00:38 AM PDT by Ruy Dias de Bivar ((Democrats have declared us to be THE OBSOLETE MAN in the Twilight Zone.))
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To: Ruy Dias de Bivar

Carter is no longer the worst president ever....


24 posted on 05/10/2021 10:09:28 AM PDT by wny ( )
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To: JV3MRC

“It’s Coming”

It is already here and escalating if you buy food, fuel for a motor vehicle, housing, lumber, metal, trucks, autos, building supplies, medical care services, home repair services (electrician, plumber, HVAC).


25 posted on 05/10/2021 10:25:13 AM PDT by Soul of the South (The past is gone and cannot be changed. Tomorrow can be a better day if we work on it.)
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To: JV3MRC

Well CNN needs to inform Janet Yellen because she doesn’t believe there is any inflation.


26 posted on 05/10/2021 11:15:06 AM PDT by Hattie
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Would be appropriate if ATT got hit hardest.


27 posted on 05/10/2021 11:40:24 AM PDT by Gene Eric (Don't be a statist!)
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To: JV3MRC

Fears Are Legitimate: “It’s Coming”

Nope it’s here thank you cards go to Joe Biden and pals.


28 posted on 05/11/2021 9:04:36 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: JV3MRC
Biden's commie thugs are destabilizing the country...By noticing inflation - the obvious - is CNN's backing off democrat's plantation?
29 posted on 05/11/2021 9:15:04 AM PDT by GOPJ (January 6th - Patriot March Against Systemic Voter Fraud.)
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To: JV3MRC

Dear Leader Jao is only now just past his first hundred days in office. Stand by for some very rough seas.


30 posted on 05/11/2021 9:25:06 AM PDT by Billthedrill
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