CNN beclowns itself by confirming the escalating cost-of-living crisis while trying to pin it on Trump

American Thinker ^ | 11 Mar, 2024 | Jack Hellner

[MtnClimber]

Many people posing as journalists acknowledge problems, while also working very hard to cover up the cause of the problem.

A recent article from Matt Egan at CNN admits that Americans have a problem paying for things… but neither he, nor any of the outlet’s other employees ever bring up Joe Biden or his policies as a significant cause of the problem; read here:

Americans’ cost of living remains a massive headache, even as recession fears fade

The long-rumored recession has been postponed – or perhaps canceled altogether.

The soft-landing vibes are real. Inflation is cooling. The economy is growing at a shockingly strong pace. And unemployment hasn’t been this low for this long since the late 1960s.

And yet, hidden behind these boomy-economic indicators, a frustrating reality persists: Life is far too expensive for far too many.

‘This affordability crisis has been in the works since the financial crisis. Affordability will remain an issue until we get more housing supply,’ said Mark Zandi, chief economist at Moody’s Analytics.

Egan says the problem has been building for years instead of admitting that inflation didn’t start increasing rapidly until Biden took office. Despite COVID and supply chain issues, inflation remained below 2%... until Biden. The economy was growing rapidly pre-Biden, despite the entire country having come to a screeching halt over a virus, yet he signed the $2 trillion American Rescue Plan, and fulfilled his campaign promise to destroy affordable energy (oil), which sent prices skyrocketing. He compounded the inflation problem by issuing executive orders to open the borders: housing, food, education, healthcare, law enforcement, energy, and other things are obviously strained when millions of people are suddenly thrown into the mix, bringing no wealth and anti-American cultures and ethos.

[lepton]

The unemployment numbers look good - if we don’t count the long-term unemployed,
- or count the multiple jobs a growing portion of the population has as multiple people each with a job.

[spacewarp]

Especially when we count the now employed illegal alien slaves that were imported to destroy America.