Posted on 02/21/2022 9:42:16 AM PST by JV3MRC
An economic analyst for MSNBC’s Morning Joe ripped President Joe Biden for evading his responsibility behind the current inflation crisis.
Willett Advisors LLC CEO Steven Rattner accused Biden of passing the buck on inflation in a guest essay for The New York Times headlined, “Biden Keeps Blaming the Supply Chain for Inflation. That’s Dishonest.” Biden told NBC anchor Lester Holt in an interview that “[t]he reason for the inflation is the supply chains were cut off.”
Rattner didn’t mince words: “Well, no. That’s both simplistic and misleading.” Rattner mocked Biden for pointing to supply chain issues as the cause of a crisis he helped create: “Blaming inflation on supply lines is like complaining about your sweater keeping you too warm after you’ve added several logs to the fireplace.” Rattner slapped down Biden’s gargantuan $1.9 trillion spending bill in February 2021 as being the same as giving away “$100 bills on street corners.”
(Excerpt) Read more at newsbusters.org ...
You voted for it, Lester.
Took you long enough to admit the truth we’ve all been experiencing, Rattner...
Rattner was Obama’s economic advisor.
He also led Obama’s “auto task force” that gave Chrysler to a foreign company and flushed taxpayer money down the toilet via GM’s bailout.
Supply and demand. The more money you print and put into the economy the less existing currency is worth.
Did Scarborough and Brzezinski begin wailing and rending their clothes when this fellow contradicted their beloved leader?
did he think up the cash for Junker program that ruined the used car life line for poor people and kids,
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