White House: Economy ‘Exceptionally’ Good and People Like Their Finances, But Don’t Feel Confident Due to COVID, War

Breitbart ^ | 11/07/2023 | IAN HANCHETT

[ChicagoConservative27]

On Monday’s broadcast of CNBC’s “Squawk Box,” White House National Economic Council Director Lael Brainard reacted to negative poll numbers on the economy by stating that “the economy is performing exceptionally well” but “people have been through a very challenging few years between the pandemic, and then the oil price spikes associated with Russia’s war. It’s going to take a while for them to feel really confident,” and most people “feel like their personal finances are better now than they were before.”

Co-host Andrew Ross Sorkin said, “Speak to this, though, because I think there [are] a lot of folks who have been waking up to headlines of poll results over the weekend, as it relates to Bidenomics versus, frankly, Trumponomics and where he stands — the president that is — compared to where…the former president stands in terms of how people are thinking about the economy and how, frankly, unhappy they remain about the economy.”

[ChicagoConservative27]

More gaslighting.

[VTenigma]

Delusion is not just a river in Egypt.

[BigFreakinToad]

Disney must be writing this stuff.

[rlmorel]

These people are delusional. This is going to be their approach:

Just say over and over again the Economy is doing well, Biden is doing more things, even historic things, but isn’t getting credit for it.

That is the song they all sing on the Alphabets.

[unixfox]

...the oil price spikes associated with Russia’s war.

So explain to me why oil prices skyrocketed before the war. I'll wait.

Nothing but liars, the whole lot.

[bantam]

These turds either really believe the BS they’re peddling, or they ARE THE MOST IGNORANT POWER HUNGRY DB’s EVER!
Wait, I think they’re BOTH!

[central_va]

denile?

[gov_bean_ counter]

Obtuse liars…???

[Pete Dovgan]

Funny thing.
The Average American Family middle class has lost 33k in wealth under Biden
The number of new fulltime jobs is very low
The average American credit card debt has soured
There appears to be a large number of Americans headed to credit card and automobile default
Interest rates have dramatically slowed the housing market
While the purchasing power of the dollar under Joe Biden is decreased around 60-70%, the value of the stockmarket has been stagnant, suggesting a huge economic problem covered up by federal government spending. This means that the average person has lost 50% worth of their savings

However, the democrats and the media tell you how great it all is….

[gov_bean_ counter]

It’s not just a river in Egypt…

[VTenigma]

Nope, delusion.

[ConservativeInPA]

😂 I can only laugh at how hideously out of touch these pieces of chit are.

[Bob434]

[[...the oil price spikes associated with Russia’s war]]

Bs- the spikes were due to undoing everything that Trump accomp.ished to get the prices down and make us energy independent!

Gas prices and oil prices ALWAYS spike under democrat leadership, and come down again when republicons take over. Carter, massive eincrease and shortages. Obama gas prices soar to $4.50 a gallon, then immediately drop to under $2 under Trump. Biden, gas prices double or more immediately after he is elected

The left lie lie lie- always saying it is because of this or that- often blaming “increased demand driving prices up” which is more bs. We had more people on earth when Trump was president than when Obama was president, and far more demand under Trump, yet Trump managed to get prices way down! There goes the claim that “demand drives the prices”!

[Robert DeLong]

But the gaslighting is failing, because the realities do not match the rhetoric they are pushing. In addition, people understand that the government cannot keep spending as if there is no downside to that recklessness. It increases the inflation, to which the salaries can't keep up and so their take home is evaporating before they can even spend it. it causes jobs to be lost, not gained, and that results in less revenues for the Treasury.

They think people are stupid, but when they are living it, it becomes a teacher as to what is happening.

[Jim W N]

The WH is delusional as usual.

Hey, that rhymes. They’re delusional as usual.

[Bratch]

[Army Air Corps]

The economy is doing so well that I pay more for less food than I did a few years ago. Oh, and I pay more for gas. My electricity is a bit more costly. But, hey, no more “no more mean Tweets.”

[Boogieman]

Gaslighting ceases to work when people see their bills going up every month and their bank balance going down.

[gibsonguy]

Clueless or willful lying? Tough to tell. I have to go with both

[ducttape45]

These people are delusional