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W.H. Economic Adviser Bernstein: I Won’t Admit I Got Inflation Wrong Because ‘What I Said Then Was Very Much the Case’
Breitbart ^ | 06/04/2022 | Ian hatchett

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 ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: advisor; bernstein; inflation; wrong
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This guy is a complete retard.
1 posted on 06/04/2022 8:38:06 AM PDT by ChicagoConservative27
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To: ChicagoConservative27
“I’m not going to re-litigate who was right and who was wrong a year ago.”

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.

2 posted on 06/04/2022 8:40:26 AM PDT by pepsi_junkie (Often wrong, but never in doubt!)
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To: ChicagoConservative27

Clowns to the left of me
Jokers to the right


3 posted on 06/04/2022 8:42:20 AM PDT by dennisw
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To: ChicagoConservative27

At this point, they should just stick to the lies and discard any pretext of telling the truth. No one is listening anyway.


4 posted on 06/04/2022 8:45:23 AM PDT by Spok (Winston, how many fingers am I holding up?)
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To: ChicagoConservative27

He’s a commie retard. The worst kind.


5 posted on 06/04/2022 8:45:50 AM PDT by HighSierra5 (The only way you know a commie is lying is when they open their pieholes.)
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To: ChicagoConservative27
No, I mean, what I said then was very much the case.

It depends on what was was and what is is.


6 posted on 06/04/2022 8:53:30 AM PDT by ArcadeQuarters (Remember the 2020 backstabbers. No more RINOs ever!)
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To: ChicagoConservative27

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.


7 posted on 06/04/2022 8:57:29 AM PDT by ConservativeInPA (Scratch a leftist and you'll find a fascist )
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To: ChicagoConservative27

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.


8 posted on 06/04/2022 9:09:46 AM PDT by Freee-dame
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To: Freee-dame
This White House thinks the people that didn’t vote for them are as stupid as the people that did.

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

9 posted on 06/04/2022 9:15:50 AM PDT by atc23 (The Matriarchal Society we embrace has led to masks and mandates and the cult of "safety")
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To: ChicagoConservative27

I’m so sorry, the correct answer is “because you are a putz.”


10 posted on 06/04/2022 9:17:05 AM PDT by Attention Surplus Disorder (Apoplectic is where we want them)
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To: ChicagoConservative27

At the time he said it was “transitory”… that was never the case


11 posted on 06/04/2022 9:20:45 AM PDT by MrRelevant
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To: ChicagoConservative27

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.


12 posted on 06/04/2022 9:22:40 AM PDT by XRdsRev (Justice for Bernell Trammell, Trump supporter, murdered in 2020)
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To: MrRelevant

Calling inflation “transitory” is total BS anyway. Inflation is always transitory (not permanent). There never has been “non transitory” inflation.


13 posted on 06/04/2022 9:25:54 AM PDT by XRdsRev (Justice for Bernell Trammell, Trump supporter, murdered in 2020)
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To: ChicagoConservative27

Do they ever take responsibility???


14 posted on 06/04/2022 9:27:45 AM PDT by gov_bean_ counter (Eccl10:2 - The heart of the wise inclines to the right, but the heart of the fool to the left.)
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To: All

re-litigate - scientific definition, please?


15 posted on 06/04/2022 9:44:31 AM PDT by SteveH (.)
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To: ChicagoConservative27
Jared Bernstein is nothing more than a POLITICAL BULL$HIT ARTIST.


16 posted on 06/04/2022 9:51:02 AM PDT by VideoDoctor
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To: ChicagoConservative27

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.


17 posted on 06/04/2022 9:54:27 AM PDT by Texas resident ( Let's Go Brandon)
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To: ChicagoConservative27

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


18 posted on 06/04/2022 9:56:31 AM PDT by rollo tomasi
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To: ChicagoConservative27

Dude, wrong is wrong even if you won’t admit it.


19 posted on 06/04/2022 9:56:44 AM PDT by Rowdyone (Vigilence)
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To: ChicagoConservative27

I am right even though I am wrong


20 posted on 06/04/2022 11:26:54 AM PDT by ronnie raygun
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