Biden’s job numbers came and they were so bad that it caused an CNBC news anchor to do a double take.
The Biden administration was also forced to come clean, they had to revise the March numbers as well, it was all bad.
Big Oof Energy https://t.co/caAXJSkNNf
— Jack Posobiec (@JackPosobiec) May 7, 2021
Well, if you think that was bad just wait for the inflation numbers to come this week. Economists and politicians are getting worried about the inflation caused by Biden’s policies.
Below is a liberal economist admitting it’s going to be bad.
Inflation numbers due out this week are likely to be eye-popping, but @neelkashkari breaks them down, telling @jdickerson “right now, I’m not concerned about a repeat of the 1970s,” adding “But if that were to happen, we know how to deal with that.” pic.twitter.com/49hOhS9rTG
— Face The Nation (@FaceTheNation) May 9, 2021
Economists previously forecast 1 million jobs would be created in April. Why the big miss? “This is unlike any other economic shock in any of our lifetimes,” @neelkashkari says. “This is very different from the financial crisis.” pic.twitter.com/BaKS7NxvW2
— Face The Nation (@FaceTheNation) May 9, 2021
Democrat policy is also catching up with them, they told people Trump was going to cause a super spreader event, they said if you go out to eat you’ll kill grandma, and they said people that attend church would cause super spreader events.
People stopped spending, many (especially in blue states) stay home. Over the past 6 months leftwing rhetoric was a FEARdemic. Now you have progressives virtue signaling, they won’t take their masks off (even though it’s safe), they won’t travel, or even go out to eat.
Well that activity is partially what’s driving down the economy, the medias propaganda is backfiring.
Note what Neel Kashakari, head of the Minnesota fed says, “It wasn’t the lockdowns” it was people deciding they aren’t going anywhere anymore and holding their money. Kashkaris highlights the importance of consumer psychology and how it is now effecting the economy.
“It wasn’t simply the lockdowns from the government that put a damper on the economy,” @NeelKashkari says. “It was each of us, each family, taking actions to protect themselves,” underscoring the importance of consumer psychology. WATCH –> pic.twitter.com/FIM1Igh6Mc
— Face The Nation (@FaceTheNation) May 9, 2021
Democrats spent almost a year talking down the greatest economy this county has ever had and it worked so good that it could sink their chances of staying in power.
