President Biden understands why Americans are concerned about inflation, but said the “vast majority of the experts, including Wall Street” are suggesting it’s “highly unlikely that it’s going to be long-term inflation that’s going to get out of hand.”
Biden made his remarks on Wednesday night, during a CNN town hall in Cincinnati. He said there will “be near-term inflation because everything is now trying to be picked back up,” but the U.S. will soon “reduce inflation. Because we’re going to be providing good opportunities and jobs for people who, in fact, are going to be reinvesting that money back in all the things we’re talking about, driving down prices, not raising prices.”
Well, that didn’t age well, and liberals are in a panic.
On this day last year, Joe Biden said it was “highly unlikely” the U.S. would experience “long-term inflation that’s going to get out of hand.”pic.twitter.com/GUSYM9BuQH
Below is a post from a liberal independent reporter Noah Smith trying to get the attention of his fellow Democrats. His attachments show that Biden’s approval ratings are in the toilet and that Hispanics are quickly becoming Republicans.
In response to the post, Glenn Greenwald wrote, “It’s amusing watching them[Democrats] having to confront and process the full scope of the disaster they created, one which worsens weekly. The way they manically swerve from complete confusion to full-on panic and back again is endlessly entertaining.”
Meanwhile, an Iowa poll found that Biden’s approval rating is hovering around 27%, and most do not want him to run in 2024. The poll was released on the same day it was announced that Biden tested positive for the coronavirus.