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Prof Triggernometry
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Report: Joe Biden Blames Aides for 40-Year-High Inflation
WENDELL HUSEBØ1 Jun 2022
President Joe Biden reportedly blamed his staff for 40-year-high inflation, the Washington Post reported Wednesday.Instead of taking responsibility for the price hikes, Biden has reportedly shifted the blame to aides for not confronting the spike in costs partly generated by his own fiscal and energy policies.
“Biden has privately grumbled to top White House officials over the administration’s handling of inflation, expressing frustration over the past several months that aides were not doing enough to confront the problem directly,” the Post reported.
As a part of the PR campaign, Treasury Secretary Janet Yellen on Tuesday directly admitted during a press interview that she and the president had failed to accurately assess that inflation would clime to a 40-year-high. The White House claimed in 2021 that inflation was “transitory.”
“Well, look, I think I was wrong then about the path that inflation would take. As I mentioned, there have been unanticipated and large shocks to the economy that have boosted energy and food prices and supply bottlenecks that have affected our economy badly that I didn’t — at the time didn’t fully understand,” Yellen acknowledged. “But we recognize that now.”
More here:
https://www.breitbart.com/economy/2...iden-blames-aides-for-40-year-high-inflation/