The Hill reports that Republicans are pouncing (*DRINK*) on ailing markets to make Biden look bad

Doug P. | 10:21 AM on September 29, 2022

Yesterday we told you about some pretty astounding numbers from the day President Biden took office compared to how things are looking today:

When Biden took office:

Inflation: 1.4%
Gas: $2.39
30 year Fixed Mortgage: 2.65%
Median asking rent: $1,625
Nasdaq: 13,342

TODAY:

Inflation: 8.3%
Gas: $3.75
30 year Fixed Mortgage: 7.08%
Median asking rent: $2,039
Nasdaq: 10,829 pic.twitter.com/1nzmsR74xj

— InteractivePolls (@IAPolls2022) September 28, 2022

That’s a pretty grim performance, but when it comes to the stock market, The Hill has spotted a certain political party doing some pouncing:

NEW: Republicans pounce on ailing markets to criticize Biden https://t.co/WlmzqH06Xu pic.twitter.com/FSRcUWSss0

— The Hill (@thehill) September 29, 2022

There it is!

REPUBLICANS POUNCE! https://t.co/tPoGsPXv0g

— Dan Bongino (@dbongino) September 29, 2022

It’s apparently become a time-honored approach in today’s “journalism” to make things a Democrat has messed up the fault of Republicans just because they noticed the mess that’s been created.

So Republicans pouncing is the story, not the markets ailing https://t.co/ZSmPIKzsYy

— John Phelan (@Minnesotanomics) September 29, 2022

Everybody’s 401Ks are taking a big hit and that wouldn’t be happening if only Republicans hadn’t pointed it out:

While Biden has so far been able to dodge blame for the recent stock market declines in the wake of interest rate hikes by the Federal Reserve, Republicans are increasingly tying the faltering markets to the White House, warning Americans not to vote for Democrats in November’s midterm election if they value their portfolios.

“The stock market has plummeted below where it was when President Biden took office, cutting the value of America’s retirement savings just as the cost of living has soared,” Minority Leader Mitch McConnell (R-Ky.) said on the Senate floor Wednesday. “Consumer prices [are] through the roof, supply chain chaos left and right — the worst single year for both grocery and electricity inflation since back in the Jimmy Carter era.”