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Fact-Checked by White House Economists: Biden's Inflation Excuse Labeled as 'Bizarre'


Protect Your Finances With A Gold IRA Noble Gold is Who I Trust ^^^ Sub To The Channel: Get On Our Email List: Free Beacon reports, last week, White House economists acknowledged that the Biden administration's spending may have increased inflation, months after the president dismissed the notion that his trillion-dollar plans would boost prices as "bizarre." Watch The Report Here: Share To Facebook: Tweet This Video: Read More: ------------------------------------------------------------------------------------ SUPPORT THE NETWORK WITH THE LINKS BELOW! ------------------------------------------------------------------------------------ Donate With Paypal: Give BTC: 13Hd1HFqS5CDLCMcFQPWu9wumubo6X2hSM Next News T-Shirt Shop: Books That Teach Freedom! Get the equivalent of a Ph.D. in libertarian thought and free-market economics online for just 24 cents a day! Visit: Restore YOUR Online Privacy here: Enter Promo Code: nextnews for 20% OFF ! Be Ready in ANY disaster. Stock up on Survival Food here: ---------------------------------------- FOLLOW US ON SOCIAL! --------------------------------------- Copyright Disclaimer: Citation of articles and authors in this report does not imply ownership. Works and images presented here fall under Fair Use Section 107 and are used for commentary on globally significant newsworthy events. Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Community Guidelines Disclaimer: The points of view and purpose of this video is not to bully or harass anybody, but rather share that opinion and thoughts with other like-minded individuals curious about the subject. #NextNews...(read more)



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President Joe Biden has been under fire for his handling of the economy since taking office. Rising inflation has become a significant concern as prices for goods and services continue to soar. Experts have criticized the Biden administration's handling of inflation, with some suggesting that his policies may be contributing to the problem. Recently, President Biden made a "bizarre" excuse for the cause of inflation during his televised town hall event. He suggested that the rising costs were due to the pandemic and the resulting increased demand for goods and services. However, White House economists have fact-checked the President's claim and have found it to be only partially true. According to the economists, while the pandemic did indeed play a part in the increase in demand, it was not the only contributing factor. The experts have pointed out that a series of policy decisions made by the administration has also contributed to the rise in inflation. The economists cited the President's $1.9 trillion American Rescue Plan as one such policy decision. The American Rescue Plan was passed earlier this year and aimed to provide relief to Americans suffering due to the pandemic. However, many economists argue that the massive injection of cash into the economy has led to an increase in consumer spending, which has pushed up prices for goods and services. Moreover, the economists explained that the supply chain disruptions caused by the pandemic and the resulting labor shortages have also contributed to the inflationary pressures. Still, the administration's response to these disruptions has not been effective, leading to further price increases. President Biden has often advocated for more government spending to counter the economic fallout of the pandemic. However, some experts argue that his approach may be doing more harm than good. The President's policies could potentially worsen inflation, leading to an economic crisis that could be difficult to manage. In conclusion, the President's excuse for the cause of inflation has been fact-checked by White House economists, and it has been found to be only partially true. While the pandemic did play a part in the increase in demand for goods and services, a series of policy decisions made by the administration has also contributed to the problem. As the Biden administration tackles this issue, it is critical to strike a balance between supporting the economy and preventing runaway inflation. https://inflationprotection.org/fact-checked-by-white-house-economists-bidens-inflation-excuse-labeled-as-bizarre/?feed_id=87102&_unique_id=6436e31642d64 #Inflation #Retirement #GoldIRA #Wealth #Investing #biden #conservativenews #DonaldTrumpnews #economy #FoxNews #GaryFranchi #inflation #latestNews #MarkDice #news #newschannel #NextNewsNetwork #politics #PresidentDonaldTrump #satire #InvestDuringInflation #biden #conservativenews #DonaldTrumpnews #economy #FoxNews #GaryFranchi #inflation #latestNews #MarkDice #news #newschannel #NextNewsNetwork #politics #PresidentDonaldTrump #satire

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