http://twitchy.com/dougp-3137/2022/03/10/cnbcs-rick-santelli-others-hammer-biden-admins-ever-evolving-excuses-as-inflation-hits-4-decade-high/
While this administration — with help from some in the media — wants everybody to believe the country is experiencing a “Biden Boom,” the reality of the situation indicates otherwise. As just one example, here’s the latest on inflation:
Bloomberg (@business) ~ BREAKING: U.S. inflation hits 7.9% in February, a new four-decade high
http://trib.al/SaMNZuE
http://twitter.com/i/status/1501915330913972224
Heather Long ~ There's just no sign of inflation slowing down. February picked up (again).
Feb: +0.8%
Jan: +0.6%
Dec: +0.6%
Nov: 0.7%
Oct: +0.9%
Sept: +0.4%
Big monthly jumps in "food at home" (+1.4%) and gas prices (+6.6%)
What will the Biden administration’s excuse be this time? The list has been growing and the latest scapegoat for inflation and spiking gas prices has been Vladimir Putin and Russia’s invasion of Ukraine, even though these problems started long before that:
Abigail Marone ~ Terrible February numbers. Biden WH can’t blame this on Putin too, but I’m sure they’ll try. 😒
They will most definitely try.
Ben Shapiro ~ Probably Putin or corporate greed or something.
CNBC’s Rick Santelli tore this administration a new one because of their excuses (none of which include agreeing that Biden deserves some of the blame):
RNC Research ~ CNBC’s Rick Santelli highlights Biden’s ever-changing excuses on #Bidenflation.
“First it was transitory, then inflation is good, then we went to corporate greed, now we're at Putin.”
http://twitter.com/i/status/1501918995116703744
John Cooper ~ 👀 "First it was transitory, then 'inflation is good.' Then we went to 'corporate greed.' Now we’re at Putin."
Rick Santelli absolutely hammering the Biden administration's ever-evolving excuses on #inflation:
http://twitter.com/i/status/1501915560531185666
Carol Roth knows what this administration’s slogan would be if they were being remotely honest:
Carol Roth ~ Inflation up 7.9% y/o/y on CPI. Build back broke.
It seems like things are getting increasingly “broke” by the day.
Tom Elliott ~ In the 70s when inflation reached 8%, interest rates were already greater than 8% and were ultimately raised to almost 20% before the CPI began abating.
Today interest rates remain at zero & the Fed is printing billions every month. This crisis is already worse than the 70s.
The Federalist’s Sean Davis closes this out with a great reminder:
Sean Davis ~ Less than a year ago they tried to tell you inflation was a conspiracy theory.
These last couple years we’ve seen a whole lot of “conspiracy theories” that turned out to be true.
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence
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