Posted on 07/12/2022 5:04:39 AM PDT by Red Badger
In Monday's White House briefing, Press Secretary Karine Jean-Pierre admitted what most Americans already know to be true: prices on everyday goods are still surging amid inflation that surged to forty year highs under Biden's economic policy.
"On Wednesday we will have new CPI inflation data and we expect the headline number — which includes gas and food — to be highly elevated," Jean-Pierre told reporters. For context, May's Consumer Price Index jumped one full percentage point from April, hitting 8.6 percent year-over-year. For the White House to be trying to manage expectations ahead of Wednesday's release for June suggests there's much worse yet to come.
As usual for the Biden administration, Jean-Pierre's warning was also accompanied by the obligatory refusal to accept any responsibility for the spend and print economic policy that Biden has embraced and which has spurred red-hot inflation to continue setting records despite Biden's initial denial that any issue existed or was merely a "high-class problem."
The surging inflation the White House expects on Wednesday was "heavily impacted by the war in Ukraine," Jean-Pierre said trying to keep up the Biden administration's appearance of zero fault in the pain facing Americans' wallets. She added, in a new excuse, that "June's CPI data is already out of date" because prices have fallen since June, Biden's press secretary argued. Never mind, apparently, that every CPI release follows the month it measures because...that's how inflation, employment, and every other economic metric released by the Department of Labor works — they're not real-time numbers, they're a measure of the previous week/month/quarter/year.
When asked in a separate question about a new poll showing that 63 percent of Democrats believe the U.S. is heading in the wrong direction under Biden's leadership, Jean-Pierre again proclaimed that President Biden knows what Americans are feeling.
But even that answer, which is dubious given the White House's previous messaging on surging inflation, the broken supply chain, and a formula shortage, is a condemnation of Biden's leadership. If he knows what Americans are feeling — which is pain, something of a Carter-era malaise — then his failure to act is even more damning.
Jean-Pierre's answer on polls in general made it as clear as can be: Biden supposedly knows what Americans are feeling — as she just said — but the White House refuses to "pay attention" to their pain.
The lack of awareness or attention paid to Americans struggling under Biden was reemphasized by Jean-Pierre when she stated that the U.S. economy is "strong."
Using the White House's past playbook for dealing with runaway inflation as a guide, calling the economy "strong" is only further evidence that the economy is diving into a recession. The question then becomes who Biden and Jean-Pierre will blame for that mess right before the midterms?
This is a key reason the wealthy should be prohibited from government.
All you need to know about how much Biden cares is his “It’s an incredible transition” remark. He cares nothing about the pain and destruction of his policies but somehow all his destruction will leas us to the grand new utopia of free everything for everyone. Just like Pol Pot.
Biden literally doesn’t know where he is or what day of the week it is....
He’s a puppet trotted out for the cameras to repeat what’s fed into his earpiece or read from a teleprompter.
“On Wednesday we will have new CPI inflation data and we expect the headline number — which includes gas and food — to be highly elevated”
Expect the stock prices to go down... again!
Collectivists think ‘short term pain, long term gain’. (You gotta break a few eggs to make an omelette).
But they think wrong. In their ideology is sewn the seeds of its own destruction. We’re just along for the ride. Prepare accordingly.
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