Destructive Compilation Reveals Biden Administrative Repeatedly LIED About Pumpiing Over Last Year
Biden admin at this point scrambling to clean up the financial mess they started in front of the midterm elections in November.
The particular Biden administration is in panic-mode over soaring inflation now that the midterms are drawing near.
Over the last few days, Joe Biden met with Federal Book Chairman Jerome Powell to talk about inflation, penned an op-ed claiming fighting inflation is definitely his “ top priority”, and deployed his cabinet officials across the mainstream mass media airwaves to assure the American public that prices may soon come back down.
But a compilation by the Republican National Committee reveals that the Biden management over the past 12 months first had no clue inflation has been coming, then insisted inflation was “ transitory”, and lastly blamed inflation on outside factors like the Delta version and the Russia-Ukraine conflict.
The Biden administration has finally said they “ got it wrong” on inflation.
But they weren’t “ wrong” — they were LYING. pic. twitter. com/xd8uDqv5yK
— RNC Research (@RNCResearch) June 1, 2022
Biden, his former press secretary Jen Psaki, Treasury Secretary Jeremy Yellen, and Energy Admin Jennifer Grantham were most featured in the devastating video clip.
Not showcased in the compilation was Powell, who was in lockstep with the Biden administration’s inflation speaking points over the last year, frequently claiming the Fed might ensure pumpiing “ doesn’t take root” in the economy.
Biden claimed this week that he would not “ interfere” with the Fed’s “ independence” in addressing inflation.
Meanwhile, the Given has been incrementally raising interest rates from 0%, with the personal banking cartel announcing an interest rate of 3-3. 5% simply by December amid a sustained inflation rate of over 8%.
Former Obama economic adviser Dorrie Rattner admitted Wednesday that will Biden and the Fed water damage the economy with monetary stimulus during the COVID lockdowns accelerated inflation.
WATCH Obama financial advisor Steve Rattner criticize ARP:
“ We’re all paying the price for having overstimulated this economy during the pandemic.. which created a great deal of this inflation. There’s no free lunch here, now we’re all going to have to pay the price” pic. twitter. com/yqlDQFbeQ0
— Jack Pandol (@jackpandol) June one, 2022
“ We’re all paying the price for having overstimulated this economy throughout the pandemic and putting excessively in people’s pockets which created a lot of this inflation, ” Rattner said upon MSNBC’s Morning Joe. “ There’s no free lunch right here, now we’re all going to have to pay the price. ”
Biden Blames His Inflation on Previous Administration
