Biden’s White House is engaged in a dangerously deceptive propaganda campaign to convince Americans that his economy is not that bad – and now it appears they’ve resorted to arguing that because the U.S. is not yet facing mass famine, we’re actually doing pretty good.
After attempting to redefine what a recession looks like in advance of the release of potentially catastrophic second quarter GDP numbers, they have begun claiming that though the economy is indeed slowing, the United States is better off than other countries because we have not been hit by mass famine.
National Economic Council Director Brian Deese argued the administration’s goal was “transitioning from a historically strong recovery into a period of more stable and steady growth.”
“We are in that period of transition right now,” he said and argued the United States is “in a stronger position than virtually any other country in the world.”
Deese said that despite record inflation, the U.S. is better off compared to countries experiencing a “famine.”
“Obviously, the high prices are hitting Americans very hard, but they’re in a way that is different for some places that are facing famine,” he said.
Meanwhile other members of the Biden administration are not even trying to hide the fact that the U.S. economy is struggling, claiming instead that it’s actually a good thing because it has been a “gentle” fall.
Council of Economic Advisers Chair Cecilia Rouse admitted that the Federal Reserve’s monetary policy “is starting to slow down the economy” and that it has “been in that gentle way that we would hope.”
Rouse said, “We completely understand the struggle that inflation poses, which is why the president really is focused on that. It’s why he is giving the Federal Reserve the independence and the latitude to exercise its monetary policy tools to bring inflation under control. He is also focused on getting as much oil onto the market as possible. That is what will bring down the price of oil. It is priced on a global market. It’s why he has done historic releases from the Strategic Petroleum Reserve in partnership with partners and allies as well. So, we have releases there. It’s why he was in the Middle East to celebrate OPEC-Plus’ decision to increase production and encourage them to produce even more. He has been working with refiners.”
“Secretary Granholm has been working with refiners to ask what can we do to help you increase your capacity to refine more product. So, we’re — he is working to get more product on the market. That is how prices come down. The war in Ukraine is definitely a challenge. We are trying to address food supplies so, again, we can bring down the global prices there.”
“So, this — we all expect that these factors will work themselves out. I appreciate that we want it to be sooner than later, but we are already seeing signs that the Federal Reserve’s monetary policymaking is starting to slow down the economy. So far it’s been in that gentle way that we would hope. But, let’s face it, we’re getting a lot of data this week, as you highlighted, and we will learn even more about where we stand.”
When Pedo-Bozo the Buffoon -Biden, or the Clowns in the white house circus say anything, it is an Outright LIE.
One of their head clowns is a sexually confused circus monkey who pretends to be press secretary when the pie piper plays. Give the circus monkey some peanuts & half a banana & she’ll say anything she’s told to, no matter how bizarre.
ANYONE WITH A BRAIN KNEW THIS WOULD HAPPEN!! DEMOCRATS KNOW NOTHING ABOUT RUNNING A GOVERNMENT. IT DIDN’T TAKE OLD SLOW JOE AND HIS COHORTS LONG TO TAKE A WONDERFUL ECONOMY AND RUN IT RIGHT INTO THE GROUND!! START IMPEACHMENT NOW !!! BRING BACK TRUMP AND THE REPUBLICANS- AND A GREAT ECONOMY!!
EXACTLY!!!!!
AMEN
Biden and most Democrats have no standards,no morals,no ethics and it is very obvious as the Obama/Biden/Susan Rice is showing us every day
I thoroughly agree. Start impeachment now.
Joe is really focused on the economy??? Really according to that moron this economy is great??? He is the cause of all the failures in this country, everyone. He caused a mess in the removal of troops from Afghanistan, in fact he caused the killing of 13 of our brave soldiers and then the idiot turns around and kills 5 children in a drone strike?? Then he leaves billions of new equipment for OUR ENEMY and TERRORISTS to use! Then he deliberately egged on Putin to attack Ukraine (which is an evil and corrupt country and should be allowed to defend itself) not us throwing billions of TAXPAYERS money into this corrupt country. I am glad Putin found the 35,000 children and rescued them from sex and child trafficking there. I am glad that Putin destroyed the labs that the USA denied having and that were against the LAW!! I am glad that Putin destroyed bidens compound over there and the tunnels with the children and labs in it. This president is the weakest link, he doesn’t know what he is doing so he is making everything much worse for USA! Anything to do with covid, do not get any shots, do not take boosters, do not wear masks! So many studies have shown masks do MORE HARM than good and do not protect you from virus! THAT IS TRUE FACT! Just know this Pfizer is in court on fraud charges and has told court this government has been in on it since the start!!