PROOF: Biden And Psaki Ignorant About Inflation
This is a very bad sign.
White House Press Secretary Jen Psaki showed just how little President Biden and the rest of his administration know about the current inflation crisis and had the nerve to claim that “no economist” is projecting inflation will continue to rise.
Not only was Psaki wrong, she was so wrong that she caught backlash across the internet for just how dense her response was and fact checkers immediately disproved her.
According to Fox, NBC’s Peter Alexander asked Psaki, “Americans are seeing their dollars, their paychecks stretched right now. Why should Americans not be concerned that injected another $1.57 trillion or more would raise inflation?”
“Because no economist out there is projecting that,” Psaki shockingly replied.
NBC’s Peter Alexander: “Americans are seeing their dollars, their paychecks stretched right now. Why should Americans not be concerned that injected another $1.57 trillion or more would raise inflation?”
Psaki: “B/c no economist out there is projecting that[.]”
Um, wut? pic.twitter.com/Cz4vcguSvs
— Curtis Houck (@CurtisHouck) November 15, 2021
Psaki was in fact so wrong that EVEN former President Barack Obama’s economic adviser Larry Summers stated, “We’re going to see inflation of a kind we haven’t seen in 30 years.”
What’s even worse is that Minneapolis Federal Reserve Bank President Neel Kashkar recently stated, “The math suggests we’re probably going to see somewhat higher readings over the next few months before they likely start to taper off.”
