Posted on 06/04/2022 8:38:06 AM PDT by ChicagoConservative27
On Friday’s “MSNBC Prime,” White House Council of Economic Advisers member Jared Bernstein refused to admit he got inflation wrong the same way Treasury Secretary Janet Yellen earlier in the week admitted she got inflation wrong — in part due to her failure to fully understand supply problems — and argued that what he said back in 2021 “was very much the case.” And “I’m not going to re-litigate who was right and who was wrong a year ago.”
After playing a clip of Bernstein downplaying the longevity of inflation in October 2021, host Mehdi Hasan asked, “Do you want to join with Janet Yellen and apologize for getting that analysis wrong?”
(Excerpt) Read more at breitbart.com ...
Refusing to admit a glaringly obvious mistake is an acknowledgement that he is a clueless SOB who is in way over his head and he knows it and is hence really insecure.
Clowns to the left of me
Jokers to the right
At this point, they should just stick to the lies and discard any pretext of telling the truth. No one is listening anyway.
He’s a commie retard. The worst kind.
It depends on what was was and what is is.
The Democrats said that they would bring adults back to government. All I am seeing is a bunch of infantile thinkers and some of them still wear diapers.
He obviously does not understand the moral definition of a lie. If he believed that inflation would be transitory, when he said it, then he was not lying. Since inflation is not transitory, he was definitely wrong.
Biden has an entire cabinet full of people who have no understanding of logic and are willing to continue obfuscating and lying because the propaganda media will back them up.
The only way inflation could be transitory is if you could snap your fingers and all the excess greenbacks in circulation would magically disappear.
Saying inflation is transitory is a political talking point meant to put a smile on the toothless, hillbilly queers that vote democrat
I’m so sorry, the correct answer is “because you are a putz.”
At the time he said it was “transitory”… that was never the case
This is the problem with far too many elites in positions of power and influence. They can never admit they were wrong. It belittles them and erodes their air of moral and intellectual superiority.
Calling inflation “transitory” is total BS anyway. Inflation is always transitory (not permanent). There never has been “non transitory” inflation.
Do they ever take responsibility???
re-litigate - scientific definition, please?
These people are all a dangerous combination of ignorance and arrogance. Laws of economics are like the laws of gravity. They work every time.
What we have now is imbeciles who are bound and determined to wreck our country and then rule over the wreckage.
With no regard to what happens after that. They believe that they are untouchable.
Jared Bernstein gets two things right in politics at least.
Know your base... which is full of economic ignoramuses and academics who value theory over reality
and...
Never apologize
Dude, wrong is wrong even if you won’t admit it.
I am right even though I am wrong
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