“People just have no experience with this, and they’re trying to wrap their minds around it and they’re taking it out on President Biden, which is not entirely fair at all.”
The pundits on MSNBC are really putting the spin on Joe Biden’s inflationary economy.
Wall Street financier Steve Rattner appeared on MSNBC’s “Morning Joe” Wednesday to argue that Americans should get used to rising prices and that a lower cost of living is actually “a bad thing.”
Yes, really.
“We definitely did have a lot of inflation moving through the system, which did raise food prices to a permanent level,” Rattner acknowledged.
MSNBC’s @SteveRattner says Americans should get acclimated to always increasing prices, as a lower cost of living “is kind of a bad thing” pic.twitter.com/XODsmE72hW
— Tom Elliott (@tomselliott) December 13, 2023
Rattner claimed that the high prices that emerged as a result of inflation will never go back down.
“Something like two-thirds of the people who are going to vote next year were not voting 30 years ago, the last time we had inflation over 4%. They’ve never seen inflation like this. This comes as a shock to them, and they – some of them at least kind of expect prices to go back down again to where they were before. That doesn’t happen,” he said.
Rattner went on to say that prices shouldn’t come back down anyway because lower prices, i.e. increased dollar purchasing power, is a “bad thing.”
“In fact, deflation is actually kind of a bad thing,” he said. “So, people just have no experience with this, and they’re trying to wrap their minds around it and they’re taking it out on President Biden, which is not entirely fair at all.”
Despite the media’s propaganda claiming the economy is doing well under Biden, the majority of Americans say rising prices are causing them financial hardship, according to a new Gallup poll.
And 60% of Americans are living paycheck to paycheck in Biden’s economy, according to CNBC.
The corporate media’s disconnected elitism knows no bounds.
They really went with “Your puny mind can’t comprehend the problem of cheaper groceries” https://t.co/STwGDq7xd5
— Auron MacIntyre (@AuronMacintyre) December 13, 2023
