Let’s Pick Up From Yesterday
If you’re fair and watched the 60 minutes interview with the President, who doesn’t do many interviews, you had to be exasperated too.
Here’s the question and answer on inflation:
Pelley: “Mr. President, as you know, last Tuesday the annual inflation rate came in at 8.3%. The stock market nosedived. People are shocked by their grocery bills. What can you do better and faster?”
Biden: “Well, first of all, let’s put this in perspective. [The] Inflation rate month to month was just– just an inch, hardly at all….”
The inflation rate the day he took office was 1.4%. It’s now 8.3%.
So the President says it went up “an inch.” An inch from the 8.2% the month before! It’s up almost 7% since you began.
Pelley: “You’re not arguing that 8.3% is good news?”
Biden: “No, I’m not saying it is good news. But it was 8.2%, or 8.2% before. You’re making it sound like all of a sudden, ‘My God, it went to 8.2%.’”
No, Mr. President, you can’t judge the rate by the rate you created. You judge it by the rate when you took office (1.4%) and the rate your budget committee set (2%).
Pelley: “It’s the highest inflation rate, Mr. President, in 40 years.”
Biden: “I got that. But guess what we are. We’re in a position where, for the last several months, it hasn’t spiked. It has just barely … it’s been basically even.
If Americans and the media are willing to accept that then I am out of touch. I have a feeling I am not alone.
Then there was this:
“And in the meantime, we created all these jobs. And prices have gone up, but they’ve come down for energy. The fact is that we’ve created 10 million new jobs since we came to office. We’re in a situation where the unemployment rate is about 3.7%, one of the lowest in history. We’re in a situation where manufacturing is coming back to the United States in a big way. And look down the road, we have massive investments being made in computer chips and employment. So, look, this is a process. This is a process.”
You drove energy to record levels and now gas is “only” up 50% since you changed drilling practices, and that’s progress?
Again with the jobs?
People going to back to work from the pandemic is your economic success? How come the workforce participation hasn’t hit the pre covid levels?
Lastly Pelley asked this:
Pelley: “Sir, with the Federal Reserve rapidly raising interest rates, what can you do to prevent a recession?”Biden: “Continue to grow the economy. And we’re growing the economy. It’s growing in a way that it hasn’t in years and years.”
Is that right? We had two quarters of negative GDP, which for our history was a recession, and economists are saying they see a major recession in 2023, but you think we are going in the right direction?
So, the bottom line to me is this.
If you listen to the President and think inflation is now under control, energy prices are fine and the economy is booming, you know to vote in two months.
If you think otherwise you have another choice.
Now NBC had a new poll yesterday and it said the President’s approval is the highest it has been since October 2021. So as I always say, you can fool some of the people all the time.
Here’s A Story On The Real “Big Lie”— Russian Collusion
The Russian analyst charged with lying to the FBI about the information he gathered for the notorious anti-Trump Steele dossier was a confidential source for the FBI, his lawyers acknowledged in a court filing on Monday. Lawyers for Igor Danchenko, who was a key source for the dossier compiled by British ex-spy Christopher Steele, said their client collected a paycheck as an FBI informant through December 2020. He provided information to agents investigating ties between candidate Donald Trump’s 2016 presidential campaign and Russian operatives, known as the “Crossfire Hurricane” probe. It’s a stunning admission since Mr. Danchenko has been charged by special counsel Durham with five counts of lying to the FBI about the information he turned over to Mr. Steele.
We’ll Find Out Soon How Much People Know And Care.