Posted on 11/14/2021 11:09:46 AM PST by NoLibZone
NBC News senior business correspondent and MSNBC host Stephanie Ruhle said Sunday on “Today” that the “dirty little secret” about soaring inflation was, on average, people have the money to pay more for goods.
Ruhle said, “Nobody knows exactly when they’re going down, but you have to put all this in perspective. This inflation is not in isolation, and the government predicted it was going to be a challenging recovery, recovery all tied to Covid. So it’s why you see things like that expanded child tax credit. You’ve got the families of over 60 million kids, on average, getting $430 a month. For people on fixed incomes, older people on social security, they’re getting those fixed payments adjusted next year up 5.9% for inflation.”
(Excerpt) Read more at breitbart.com ...
“The price of bread has greatly increased.”
“Let them eat cake.”
The dirty little secret is high income liberals like her can afford it.
The rest of us….not so much.
Stephanie Ruhle has her HUHA.
I suggest a 40% sur charge tax on Journalist’s incomes. They just admitted here they can afford it.
Lol.
She needs to volunteer for a guillotine session—it would work wonders for her cognitive faculties.
;-)
Maybe in her circles, but not in mine…
Well sure...except those with the lowest incomes, which supposedly the liberals cared most about - this was always a bogus narrative, now being proven.
“… on average, getting $430 a month.”
Which is just another means of pumping dollars into the system and thus increasing inflation. I believe the lib media understands this but they’re government propagandists.
MSNBC host Stephanie Ruhle is simple & profoundly idiotic!
Speak for yourself, Leftist media hag.
I am on a modest, fixed retirement income (various reasons led my wife and me to unexpectedly spend a lot on medical and other matters just before retiring). My wife and I do not have the money a lot of younger people seem to have.
I just heard “mainly younger consumers are increasing their spending on luxury items even as others fight higher gas and food bills.”
Right. Screw them.
They’re causing more pressure to increase prices for people like me. Along with government trillions spent without value to the money increasing. Play money thrown around leads to dangerous inflation levels as in Venezuela and pre-WWII Germany.
I can afford to be robbed, but it would still be robbery - and illegal.
That's their go to mantra. They'll keep that B.S. going 'till the cows come home. The enemy at the gates is...COVID...even if you have to pay for it with national freedom and pride. GTH you limousine liberals. Get a job!
I once had what might be an original idea. There are designated drivers so why not select a designated taxpayer?
Choose a Dem voter (we all know where they are, mumbling about Trump) and demand they pay the taxes because you did not vote for higher taxes yourself.
Ruhle, like Occasional Cortex are economics illiterate.
Same as the nominee for Sec Treasury.
And one of them has a BS in Economics.
From Boston U. Sheesh.
5.56mm
I like it!
Well said.
Instead of buying luxury cars, vacations and high end entertainment systems, what if someone wanted to set aside money for investment, savings, a fund for their children to attend college and money toward eventual retirement?
They can use all that money for new inflation and taxes. If they have it they can fork it over to the government and to inflation to get less for paying more. Sounds good to the Left.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.