Critics have been merciless in covering the many problems created during the Biden administration. People blame Biden for the open border, rising crime, high gas prices, and wasteful government spending.
The White House has done a seemingly poor job trying to spin these crises. In some cases, Biden officials have flat-out ignored problems hurting most Americans.
But recently, a Biden crony talked about one of Biden’s biggest failures. He tried to spin in—in one of the most bizarre spins we’ve seen—but ended up exposing Biden even more. Joe’s going to have a hard time recovering from this.
From Breitbart:
BlackRock CEO Larry Fink said that he thinks “we’re going to have higher inflation than most people believe, and much of that is going to help those people who are worried. Wage inflation is continuing. Food inflation has moderated in the last six to 12 months.” But we failed to account for how bad it was in late 2022 and early 2023.
Yet again, another Biden advocate is trying to spin Joe’s inflation. The CEO of BlackRock—an investment firm pushing woke ideology for the White House—claimed that inflation is going to help “people who are worried.”
Naturally, he didn’t say how. He was forced to admit that the administration “failed” to realize how bad inflation was over the last two years.
This is a repeated pattern with Biden and his goons. They keep saying inflation won’t be so bad… then admit they were wrong about inflation since 2021. How can anyone trust them now, when they were wrong last year?
Inflation was triggered by major spending bills coming from the Biden administration. It was made worse when Biden shut down drilling, leading to massive increases in the cost of transportation (which affects every industry) and energy.
Why should anyone believe Fink when he says inflation will help? He’s openly admitting that inflation will continue but it will somehow improve wages. Since Biden entered office, inflation has hurt working Americans. As the value of the dollar plummets, so does how much a person can buy with their current paycheck.
There are no signs that salaries are going up in step with inflation. So Fink’s prediction is worth zero.
Key Takeaways:
- Biden ally Larry Fink claimed inflation will continue but that it will be good.
- Fink admitted Biden “failed” to account for how bad inflation was last year and in 2022.
- This comes as Bidenflation continues to hurt working Americans across the country.
Source: Breitbart
