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Fact Check: Biden Claims ‘No Serious Economist’ Is Worried About Inflation
Breitbart ^ | 07/19/2021 | John Carney

Posted on 07/19/2021 11:43:34 AM PDT by ChicagoConservative27

Claim: “There’s nobody suggesting there’s unchecked inflation is on the way. No serious economist,” President Joe Biden said on Monday.

Larry Summers is worried about inflation. He has been the Treasury Secretary under Bill Clinton, director of the National Economic Council under Barack Obama, chief economist of the World Bank, and president of Harvard University. He is one of the most prominent economists in the United States today.

Summers has been warning that the Biden administration’s policies risked inflation and overheating several months ago, a topic he returned to on Twitter last week.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: biden; bideneconomy; economist; economy; inflation; mrinflation; worried
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All the economists you are hired are yes men.
1 posted on 07/19/2021 11:43:34 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Economists are dumber than chimps—that is the only explanation.


2 posted on 07/19/2021 11:45:15 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: ChicagoConservative27

Joseph Stolen is using 1984 as a blueprint.


3 posted on 07/19/2021 11:47:00 AM PDT by E. Pluribus Unum ("Communism is not love. Communism is a hammer which we use to crush the enemy." ― Mao Zedong)
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To: ChicagoConservative27

“What?, Me worry?”

No worry; Inflation is already here and being fertilized by the ‘Rat controlled Congress.

Jao is SO behind the timez.


4 posted on 07/19/2021 11:47:48 AM PDT by Paladin2 (Critical Marx Theory is The SOLUTION....)
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To: ChicagoConservative27

Real economists predicted our current state in January while President Retard ate ice cream and spent generations of our descendant’s tax money.


5 posted on 07/19/2021 11:47:52 AM PDT by NWFree (Somebody has to say it)
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To: ChicagoConservative27

No serious doctor thinks Biden is mentally fit.


6 posted on 07/19/2021 11:48:24 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: ChicagoConservative27

The man is totally clueless.


7 posted on 07/19/2021 11:49:37 AM PDT by Brilliant
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To: ChicagoConservative27

Not sure what you are worried about. The 4th of July only saw a 16 cent increase.


8 posted on 07/19/2021 11:50:30 AM PDT by pas
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To: cgbg

And Biden is even dumber.

Dumb and Dumber is real life.


9 posted on 07/19/2021 11:50:42 AM PDT by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: ChicagoConservative27

In technical jargon, he talks out of his ass.

Not an exaggeration. I’ve dealt with people just like this, no idea what they’re talking about they just make up whatever they feel like saying.

If you contradict him with facts he’ll act like you’re a fool and say “well of course!”


10 posted on 07/19/2021 11:52:09 AM PDT by Williams (Stop Tolerating The Intolerant)
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To: ChicagoConservative27

Well, we know that’s untrue, Joe.

I’m not worried about inflation either, but I certainly expect it.


11 posted on 07/19/2021 11:54:01 AM PDT by SaxxonWoods ( comment might be sarcasm, or not. It depends. Often I'm not sure either.)
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To: ChicagoConservative27

It is as blatant as Baghdad Bob level sh&t talk now as the LSM will cover for them.


12 posted on 07/19/2021 11:54:28 AM PDT by IllumiNaughtyByNature (Polls are no longer designed to measure public sentiment but to influence it.)
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To: ChicagoConservative27

Claim: “There’s nobody suggesting there’s unchecked inflation is on the way. No serious economist,” President Joe Biden said on Monday.


Coming from the guy (BIDEN) who confuses massive government printing of money (CAUSE) with rising consumer prices (EFFECT).


13 posted on 07/19/2021 11:55:47 AM PDT by Tallguy
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To: ChicagoConservative27

Only the un-serious ones do.


14 posted on 07/19/2021 11:56:47 AM PDT by SkyDancer (I Identify As Vaccinated)
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To: ChicagoConservative27

Well, at least Joe is consistent. He lies about everything.


15 posted on 07/19/2021 11:58:06 AM PDT by Seruzawa (The political Left is the Garden of Eden of Incompetence - Marx the Smarter (Groucho))
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To: ChicagoConservative27

and the media will cover for him. If Trump had ever said this, all the networks and media would be publishing story after story after story from ‘serious economists’ who disagree.


16 posted on 07/19/2021 11:59:34 AM PDT by qwerty1234
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To: ChicagoConservative27

I believe you Joe.


17 posted on 07/19/2021 12:01:13 PM PDT by KC_Lion
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To: cgbg

And we are taking Biden’s word for it why?

Even the left leaning sites that come my way (Yahoo Finance) are saying inflation is bad.


18 posted on 07/19/2021 12:04:47 PM PDT by FlipWilson
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To: ChicagoConservative27

Conservatives need to club the Democrats like baby seals with this next year in the Congressional elections.


19 posted on 07/19/2021 12:05:41 PM PDT by Freedumb
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To: ChicagoConservative27

But Paul Krugman thinks Biden is dreamy so that’s enough, nothing to see here.


20 posted on 07/19/2021 12:05:50 PM PDT by pepsi_junkie (Often wrong, but never in doubt!)
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