Biden administration official asked if calling inflation 'transitory' gave people false hope

May 31, 2022 3:32 PM
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Biden administration official asked if calling inflation 'transitory' gave people false hope

As you no doubt recall, the Biden administration and the media went through a number of talking points on inflation, at one point trying to argue that it was a good thing. Of course, well all remember when the White House said inflation was going to be “transitory.” It was just about a year ago today that Paul Krugman, who’s wrong about everything, said there was no need to worry about “transitory price blips.”

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Biden economic advisor Brian Deese addressed the press Tuesday and was asked about that “transitory” inflation talking point — did it give false hope to the American people? Was it a mistake to use that phrasing?

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An unexpected recovery period? When did that start?

Bingo.

It’s been four decades since we’ve seen inflation like this.

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And as we just learned, President Joe Biden has a three-point plan to tackle inflation: blame Trump, push green energy, and raise taxes.


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News Topics INFLATION

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