Posted on 08/22/2023 4:50:36 AM PDT by ChicagoConservative27
On Monday’s broadcast of CNBC’s “Squawk Box,” White House Council of Economic Advisers Chair Jared Bernstein acknowledged that it’s “fair” to point out that prices are still elevated and things are still expensive even though the rate of inflation is going down, but said that questions about inflation hurting President Joe Biden’s job approval numbers are “stale” because “the approval rating…invokes a level of political tribalism that has a lot to do with things other than how the economy is doing.” And “the fact that inflation went from 9 to about 3%, is registering with folks, and especially when it starts generating real wage gains.”
Co-host Joe Kernen referenced President Joe Biden’s low approval numbers on the economy and said only 36% approve of the President’s handling of the economy. He added, “I’ll tell you what I think it is, Jared. Inflation is — the rate of change is coming down, but stuff that people bought two or three years ago, because of the initial increases, things are still expensive. They might be going up less, and wage growth only recently has started keeping pace with that. So, people still feel like they’re behind. I think that’s got to be it. And I don’t think you can deny it. It’s probably not a good idea to deny that people are feeling that.”
(Excerpt) Read more at breitbart.com ...
The “White House” said this? The House sure isn’t very in touch with the American people.
“Stale” = we don’t want to talk about it anymore.
It is getting hard to keep pinning the blame on Trump. What else do they have? Hey, I’ve got it! The country is in a malaise! Oh, wait....
Stale: We don’t want YOU to talk about it anymore. Corrected.
What other stupidity can you expect from an administration which cracks jokes about children dying in an inferno and the loss of everything as compared to a kitchen fire?
“stale” because “the approval rating…invokes a level of political tribalism”
incoherent babble. Biden’s raging inflation is gutting our standard of living.
Yes, we are tired of eating stale bread and sour milk......................
Biden’s raging inflation is gutting my life savings...................
Stale?
Because it is about to explode uncontrolled...these will look like the good ole days
Don’t pay attention to…
All time high CC debt
Near low of savings
CRE
Inflation
Downgrade of banks
Downgrade of debt
China’s economic lies
Etc.
Now you get nothing.
See, things could be worse. You’re welcome…
This could be their ‘Let them eat cake!’ moment....................
Off with her head…
Jared is the one who is stale. He looks really old. Has aged rapidly in last few years. I guess bring a professional liar for Biden Evil is taking its toll.
The true level of consumer inflation in the US is currently ~ 12%
http://www.shadowstats.com/alternate_data/inflation-charts
I really despise these a-holes. We’re struggling right now along with most of the country and they keep pedaling their lies.
Btw, olive oil 3L bottle was $19 and now it’s $29…cream cheese 6 pack is now $17 and gas average is over $3.75. This has to stop because are being destroyed while they “eat their cake”.
Stale is updated “That’s old news” Clintonistaspeak.
To the mathematically ignorant this means nothing. To the mathematically knowledgeable it does not fully describe the situation. To regular Americans that go to the grocery store, pay rent or a mortgage payment and fill their gas tank, it’s not stale. People fully understand that prices are still increasing. People understand that inflation is cumulative even if they don’t know what the word cumulative means.
I’m breaking out my cardigan for Autumn.
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