Tag: inflation

Biden claims COVID-19 keeps Americans from seeing ‘things have gotten so much better for them’

President Joe Biden claimed the COVID-19 pandemic has made it psychologically difficult for Americans to feel happy despite their improving economic circumstances.

During an extensive interview with Brian Tyler Cohen that aired Saturday, the progressive host asked Biden to address frustration that some Democrats might feel that the party’s agenda is not moving forward quickly enough despite Democrats controlling both Congress and the White House.

Biden replied by suggesting that the psychological toll of COVID-19 prevents some Americans from seeing the progress that has been made under his administration.

“I think the biggest impact of the psychology of the country has been COVID,” said Biden, pointing out how more than 1 million Americans have died from the virus.

Keep reading

Joe Biden says delusional Americans are imagining inflation

Hard-left podcaster Brian Tyler Cohen interviewed Biden. The topics were what would expect—Biden’s race- and sex-based Supreme Court nominee, claims that Trump and other Republicans support Putin, boasts about his strategic genius, etc.—but the real surprise was Biden’s claim that COVID has made Americans so psychologically unstable they can’t understand that the Biden economy is wonderful.

Here’s what Americans know: They are facing hard times. The economy is creeping back, but it’s nowhere near what it was under Trump before COVID. In 2019, unemployment was 3.6%. It went up to 6.7% in 2020. It’s now 4%, still short of the pre-COVID rate.

That 4% doesn’t even include the millions of people who dropped out of the workforce. CBS blames long COVID but it’s a good bet stimulus checks have also depressed the workforce. If people are paid not to work, they won’t work. When government money finally ends, they might come back.

Inflation is a problem, too. While wages have increased, those increases haven’t kept pace inflation’s 40 year high. A 3.5% raise is meaningless if life’s necessities (food, shelter, energy costs) increase in price by 7% or more.

Keep reading