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Rising Prices, Once Seen as Temporary, Threaten Biden’s Agenda
New York Slimes ^ | 10/26/2021 | Jim Tankersley

Posted on 10/26/2021 6:54:19 AM PDT by markomalley

At least once a week, a team of President Biden’s top advisers meet on Zoom to address the nation’s supply chain crisis. They discuss ways to relieve backlogs at America’s ports, ramp up semiconductor production for struggling automakers and swell the ranks of America’s truck drivers.

The conversations are aimed at one goal: taming accelerating price increases that are hurting the economic recovery, unsettling American consumers and denting Mr. Biden’s popularity.

An inflation surge is presenting a fresh challenge for Mr. Biden, who for months insisted that rising prices were a temporary hangover from the pandemic recession and would quickly recede. Instead, the president and his aides are now bracing for high inflation to persist into next year, with Americans continuing to see faster — and sustained — increases in prices for food, gasoline and other consumer goods than at any point this century.

That reality has complicated Mr. Biden’s push for sweeping legislation to boost workers, expand access to education and fight poverty and climate change. And it is dragging on the president’s approval ratings, which could threaten Democrats’ already tenuous hold on Congress in the 2022 midterm elections.

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


TOPICS: Business/Economy; Government; Politics/Elections
KEYWORDS: jimtankersley; nyslimes; nytimes
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So first the Compost, now the Slimes.
1 posted on 10/26/2021 6:54:19 AM PDT by markomalley
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To: markomalley

Meeting once a week does help perpetuate


2 posted on 10/26/2021 6:57:44 AM PDT by no-to-illegals ( The enemy has US surrounded. God’s speed FRiends)
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To: markomalley

The American public is stupid beyond words. The media can convince them that what’s in the cup really is chocolate pudding, don’t mind the smell. But what the media cannot do is convince the idiots that they have what they don’t have. The American public is self entitled and demanding. As prices rise, and shortages become more common, those people will become angry, even if they don’t understand what happened.


3 posted on 10/26/2021 6:57:52 AM PDT by brownsfan (For conservatives, we have taxation without representation.)
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To: markomalley

“denting Mr. Biden’s popularity.”

LOL- if this happened under trump it would be called a constitutional crisis worthy of impeachment and execution...but for Biden, its ‘denting his popularity’


4 posted on 10/26/2021 6:59:05 AM PDT by qwerty1234
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To: markomalley

“threaten his agenda”?! This IS his agenda!


5 posted on 10/26/2021 6:59:15 AM PDT by albie
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To: markomalley

“Once Seen as Temporary”

By who?


6 posted on 10/26/2021 6:59:36 AM PDT by BenLurkin (The above is not a statement of fact. It is either opinion, or satire. Or both.)
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To: markomalley

Biden’s agenda is ice cream, followed by a nap and then reruns of “F troop”.

CC


7 posted on 10/26/2021 6:59:44 AM PDT by Celtic Conservative (My cats are more amusing than 200 channels worth of TV.)
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To: brownsfan

You can’t underestimate the human ability to adapt to worsening and worsening conditions.


8 posted on 10/26/2021 7:00:50 AM PDT by riri (Hope is not a strategy at this point- Sam Andrews)
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To: markomalley

Ah…”once seen as temporary”…so, the new directive from the actual leaders of this country is…”deal with it”.


9 posted on 10/26/2021 7:05:13 AM PDT by The Antiyuppie (When small men cast long shadows, then it is very late in the day.)
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To: markomalley

Somebody supported these stupid Democrat sons of bitches.

Probably the same idiots who come here and write that the Republicans are in charge.


10 posted on 10/26/2021 7:05:29 AM PDT by blueunicorn6 ("A crack shot and a good dancer”)
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To: markomalley

The only folks who thought inflation was “transitory” were total morons.


11 posted on 10/26/2021 7:06:16 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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Please Support FR
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12 posted on 10/26/2021 7:07:11 AM PDT by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: markomalley

They use “temporary” as if prices are going to go down sometime.

They never do.

L


13 posted on 10/26/2021 7:08:16 AM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: markomalley

I bet, regardless of what inflation does, prices for most items WON’T go back down.


14 posted on 10/26/2021 7:08:41 AM PDT by The Louiswu (Peace to you and may God Bless you.)
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To: markomalley

“At least once a week, a team of President Biden’s top advisers meet on Zoom….”

Which means the ChiComs hear every word.

L


15 posted on 10/26/2021 7:09:30 AM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: BenLurkin

“Once Seen as Temporary”

I think they mean “once portrayed as temporary”.

In their world, perception is reality, might makes right, and the end justifies the means.


16 posted on 10/26/2021 7:10:52 AM PDT by rightwingcrazy (;-,)
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To: markomalley

Some people need to Google “gas prices under Trump”.


17 posted on 10/26/2021 7:13:36 AM PDT by bigbob
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To: brownsfan

The counter-message is simple enough for a government education victim to understand, even if the GOP leadership hates to repeat it: “This wasn’t happening under Trump.”


18 posted on 10/26/2021 7:14:18 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Lurker

You are one of the few who gets it! This is real, to China. They’re keeping an eye on what their government in America is doing.

(I think Trump got it too, so he had to go.)


19 posted on 10/26/2021 7:18:06 AM PDT by Empire_of_Liberty
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To: markomalley

Be honest: they ARE his agenda.


20 posted on 10/26/2021 7:18:45 AM PDT by madison10 (Let's Go, Brandon! Maggots for you, Fauci!)
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