"Inflation is our friend! Wouldn't you like to own a $4,000 suit, and smoke a $75 cigar, drive a $600,000 car? I know I would! Everybody will be a millionaire!"
Posted on 05/09/2024 6:37:06 AM PDT by BradtotheBone
Joe Biden has sparked a wave of backlash over his comments on the rampant inflation affecting millions of Americans, as he oddly stated: "They have the money to spend."
Within the opening three months of 2024, the American economy registered an annual growth rate of just 1.6% - significantly below the growth witnessed in the preceding quarter. Inflation lingers stubbornly above 3%, well exceeding the Federal Reserve's 2% target.
On Wednesday, during his visit to Wisconsin, President Biden made a rare media appearance with CNN where he tried to hold up his administration's approach to counter rising inflation - a move seen as an effort to tackle plummeting approval ratings.
Addressing concerns about skyrocketing grocery costs, Biden rather startlingly stated that US citizens have more disposable income than realised. He attributed this swelling pressure of inflation directly to "corporate greed".
He asserted: "They have the money to spend. It is real, but the fact is that if you take a look at what people have, they have the money to spend."
"It angers them and it angers me that you have to spend more. For example, the whole idea of this notion that you have... shrinkflation... It's like 20 percent less for the same price, that is corporate greed. It is corporate greed and we've got to deal with it."
Scorn descended swiftly onto Biden from all sides post these remarks, as netizens on X began questioning his awareness of the hardships faced by everyday Americans. One X user commented: "Most people don't have the money because they are honest, unlike pathological lying Joe!"
Another added: "He is the most clueless president this country has ever had and that is the way history will remember him".
"The man is out of touch with EVERYTHING," another user chimed in.
(Excerpt) Read more at msn.com ...
What he is saying is that if you vote for me and Democrats, I will give you the money to buy ‘stuff’. But Republicans can go to hell. This is the clearest statement, and closer to the truth than anything he has said to date.
Senator Fritz “Foghorn Leghorn” Hollings.
You obviously haven’t figured out a way to extort money from foreign countries and hide it in 50 different shell companies yet. Come-on, man. Time to get with the program!
Yes, he is clueless.
Unfortunately, other elites think the same way- all of the media, and our politicians.
Where is the republican voice? Why are our elected officials not speaking out on this every day?
How the hell would he know?
He doesn't have to budget for groceries like the rest of us, doesn't have to pay for gas for the car, utilities that have skyrocketed and continue to increase and every other day-to-day living expense that is wiping out our salaries, savings and pensions. I understand prices have gone up around 30% since Biden took office - and my grocery bill certainly tells me this is so.
Anyone who votes for this brain-dead moron deserves to get it in the pocketbook good and hard - but then a lot of them don't pay taxes - or for food, housing or medical care.
The buck stops with Biden.
Is Paul Ryan really going to vote for Biden? What a fool.
Of course he will vote for Biden after all he is and always has been a democrat!!
This is such nonsense. The grocery business is very competitive and these stores operate at a 1-2% profit margin. They didn’t just suddenly all decide to get greedy when Biden got elected. Costs have risen for them too which translates to higher prices on the shelves.
They are referring to “core” inflation which doesn’t include food and energy costs. It’s a dishonest metric.
Yeah I’m pretty Ignant when it comes to screwing over the nation... too old to learn new tricks I guess lol
I know the quote came from Fritz, but Rush used to feature it on his program all the time.
It’s no surprise that Biden has his head up his ass. He has a life long record of his head being buried up his ass. It’s amazing how many gullible fools voted for this ignorant creep over so many years.
I believe the “clueless” part is just an act to garner sympathy from the dumbazz low, and no information voters. FJB is nothing but a LIAR and it is intentional..and he has always been that way
Exactly, how do the morons in the FJB cabal think they can snow job at least half-intelligent people? They need to answer the question how does corporate greed INFLATE the economy? They won’t because they can’t.
this man cant even get a forful of salad to his mouth
much less trying to split a roll.
He knows. This is the way he and his masters want it.
Direct quote from the pedophile:
“Look jack, and this is no joke man, all you little people just need to stop whining. I get everything for free, I don’t see any problems with inflation.”
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