Remember a couple years ago when Treasury Secretary Janet Yellen and others in the Biden White House assured us that inflation would be “transitory”? Ah, those were the days, and the evolution of the spin was amazing:
Trust the inflation experts, guys. This is absolutely devastating for the clueless Biden administration. Biden’s presidency would have been far better if he’d pulled a Costanza and just done the exact opposite of everything he thought he should do: pic.twitter.com/m0a01kSvDh
— Clay Travis (@ClayTravis) July 13, 2022
Fast-forward from 2021’s “inflation will be transitory” guarantees from the best and brightest in the Biden White House (which isn’t saying much), to the fact that inflation is still a major problem. However, CNN seems to have run out of excuses and is now just taking the “it’s a mystery” approach:
After two years of surging prices, economists still can’t agree on what has caused the world’s worst inflation crisis in decades. https://t.co/9gcBEl5Szg
— CNN (@CNN) June 9, 2023
It’s worth noting that the kind of economic geniuses CNN’s referring to are people like Paul Krugman, who in 2021 called inflation “transitory price blips.”
However, we’re all most than happy to help CNN solve the mystery about what has contributed mightily to inflation, and it’s incredibly ironic:
Is the Inflation Reduction Act not working? https://t.co/EnSdLpfwHY
— Vanessa (@Nessakins_) June 10, 2023
If the current president was a Republican and had signed certain legislation into law CNN’s headline would no doubt be “The Inflation Reduction Act Actually Worsened Inflation.” However, Biden has the luxury of having the “D” after his name.
Biden. Biden has caused the world’s worst inflation crisis in decades.
I just did your job for you. https://t.co/Bv65g6RedJ
— The Dank Knight 🦇 (@capeandcowell) June 10, 2023
Printing trillions of dollars caused inflation. But we all know CNN is getting their info from 🤡 economists. https://t.co/xvorLSB58c
— Natalie F Danelishen (@Chesschick01) June 10, 2023
CNN’s just doing their job as they see it, which is not “journalism.”
Whatever you do just don’t blame the trillions in printed money https://t.co/ApJQ6T5Ucw
— Tom Elliott (@tomselliott) June 10, 2023
Such a mystery
— Enguerrand VII de Coucy (@ingelramdecoucy) June 9, 2023
Printing money and giving it away is what caused inflation. https://t.co/3QTEtyOrW9
— Phil Labonte (@philthatremains) June 10, 2023
— EducatëdHillbilly™ (@RobProvince) June 9, 2023
A couple years ago CNN dutifully helped Biden out by explaining why inflation wasn’t so bad after all, but apparently now it’s gone on for too long so they have to report that the reason is a total mystery:
These clowns at CNN said in 2021 that inflation was actually a good thing.
— Steve Guest (@SteveGuest) June 10, 2023
THIS. Is CNN.