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Bidenflation & His Media Whores

 This content discusses the impact of inflation during President Biden's administration, highlighting the political consequences and public perceptions surrounding economic issues. It critiques both Biden's policies and the media's portrayal of inflation.

1. Political Consequences of Inflation:

• High inflation contributed to Donald Trump's defeat of Kamala Harris in the last election, as it was a major concern for voters. Harris is blamed for the decline of the dollar's value under Biden.

• Inflation is described as stemming from excessive government money printing, leading to decreased purchasing power for Americans.

2. Biden's Claims about Inflation:

• Biden initially downplayed inflation, labeling it as a temporary issue while statistics showed significant price increases.

• He promised financial assistance, claiming families would see more money in their pockets, but inflation effectively negated these benefits.

3. Responses to Economic Strain:

• Media outlets offered questionable solutions to rising prices, suggesting alternatives like cheaper meals. Critics noted that Biden's comments on consumer spending were out of touch with rising costs.

4. Media's Narrative on Inflation:

• Some media depicted inflation positively, portraying it as a result of increased consumer spending. Others blamed external factors, such as the pandemic and geopolitical events, for inflation’s rise.

5. Critique of Inflation Measurement:

• The calculation of inflation has been adjusted to appear lower than it actually is, leading to misconceptions about the true economic situation. Critics argue these adjustments do not reflect real living costs.

6. Biden's Political Strategy:

• Despite rising inflation impacting everyday Americans, Biden attempted to shift blame to corporations and external factors, failing to address public concerns effectively.

• As inflation worsened, he mischaracterized the public’s financial situation and dismissed criticism.

7. Stagnation and Public Response:

• Many Americans reported living paycheck to paycheck as real wages fell. Inflation disproportionately impacted lower-income households due to higher expenditure on essential goods.

Biden's policies and the resulting inflation crisis led to significant political backlash and public dissatisfaction. As inflation rose, voters grew frustrated with perceived government inaction and the difficulties in their daily lives. The lasting economic effects and public trust in economic management remain uncertain as Americans reconsider their reliance on government assurances. 

https://www.zerohedge.com/economics/bidenflation-torpedoed-biden-harris

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