Posted on 06/22/2024 1:31:03 PM PDT by ChicagoConservative27
During an interview with CBS’s “The Takeout” podcast released on Friday, Biden Senior Adviser Gene Sperling stated that while some economists question whether the White House’s narrative on shrinkflation is accurate, “I think Joe Biden feels like he knows what side he’s on.” And “one thing Joe Biden has learned a bit, is it’s not sometimes just listening to the real conservative economists, but just following his gut instinct” like he did with the American Rescue Plan.
Sperling said, [relevant remarks begin around 23:35] “He’s not happy, whether you call it price gouging or greed, he’s just not afraid to make that argument. And, of course, some economists will come and do — make claims, are you sure, in this case, somebody’s abusing their pricing power? But I think Joe Biden feels like he knows what side he’s on. He wants to be a pressure point, whether it’s policy-wise, through his FTC and antitrust or consumer protection or through his own words to say, prices are coming down, your inputs are coming down, this is not a time that your goal should be record profits that have never been seen while families are going through the grocery line, paying more.”
(Excerpt) Read more at breitbart.com ...
Wishful thinking is not a plan.
He probably hasn't been shopping in years.
Maybe he could try using his eyes and what little brain he has left.
The more power you have available in a given economy, the cheaper goods become. Conversely, the less power you have in a given economy, the more expensive goods become.
All of this economic data is driven by the availability and cost of power, regardless of the source of that power.
Everything he touches turns to sh&t.
> “I think Joe Biden feels like he knows what side he’s on.” <
In related news, Biden has just denounced Kaiser Wilhelm II. So at least we know he won’t be supporting the Germans in WW1.
DICTATOR OR KING, BIDEN HAS RUINED AMERICA, WE ARE ON THE BRINK OF COLLAPSE!
Economy, Illegals, Ukraine, Crime, Jobs lost, Stores closed, Green failures, Incompetent, Shades of FDR, Auto Drat of men, NEEDS A POLITICAL WAR TO SAVE HIM. SO HE CAN STAY IN OFFICE.
https://gailhonadle.substack.com/p/dictator-or-king-biden-has-ruined
He would use his brain but unfortunately it’s dead.
The gut that is filled with so much uncontrollable diarrhea he has to wear diapers?
I wish the bozo would use his own money when he wants to “follow his gut”.
Bla Bla Bla bull$#it
At least his gut has more intelligence than his brain.
“Bla Bla Bla bull$#it”
No kidding. What a bunch of meaningless political gobbledegook and tripe.
Dipstick took chicom bribes. Hussein knew all about it.
Everything Democrats touch turn to shit… I have taught my kid this for years since she was very young. I back up all of my teachings with hard data.
She and her pals are trying to get out on their own, they all see it now. I read the postings where she and friends remember $1.87 gas when Trump was president. When they could have a night out together and not have to eat ramen as a meal. Young adult are struggling immensely in this “great economy”
.
Biden’s been wrong on every major policy event for 50 years.
I remember the, we can Trust Iran and Russian when he was VP.
How about his dock in Gaza?
He’s spent Trillions on top of Trillions, and the money got to the Woke Community organizers, but things were never built and installed that he called “infrastructure” and the money is gone, of course.
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