President Joe Biden fired back at NBC Lester Holt after Holt grilled Joe about the out-of-control inflation. Biden was not happy and in a bad sing for the admin seemed to snap back and call Holt a wise guy.
Kamala and Joe can’t seem to get through relatively friendly interviews without causing concern. These are not hard questions and it will not get any easier from here on out because inflation is a complex situation caused by years of government mismanagement (like flooding the system with cheap money via QE since 2008 and handing out too much cash during the pandemic).
After the Labor Department’s numbers said inflation rose 7.5% from January 2021 to 2022, Holt grilled Biden and threw his earlier statement that inflation was temporary back at the commander in chief.
Holt said, “I think it was back in July, you said inflation was going to be temporary. I think a lot of Americans are wondering what your definition of temporary is?”
NBC's Lester Holt asks about Biden's definition of "temporary" inflation. Biden says, "I think you're being a wise guy with me a little bit. I understand that's your job."— The Recount (@therecount) February 11, 2022
Biden then explains inflationary pressures and why he thinks it'll "taper" off this year. pic.twitter.com/OVatgxsTGd
Biden fired back at Holt, “Well, you’re being a wise guy with me a little bit, and I understand that’s your job.”
“When can Americans expect some relief from this soaring inflation?” Holt asked.
Biden inexplicably said: “According to Nobel laureates, 14 on them that contacted me and a number of corporate leaders, it ought to be able to start to taper off as we go through this year.”
CNN hosts were stunned by Biden’s tone-deaf answer. Bakari Sellers said: “Yeah, it was a terrible answer, and I would tell them that if they were looking me in the face.”
“Nobody wants to hear what Nobel laureates actually say about the problem.”
From The New York Post:
“The federal Consumer Price Index found overall consumer costs up 7.5 percent in January versus one year earlier — dashing White House predictions that the figure would begin to fall.
“Biden in December claimed that the prior month’s 6.8 percent annual inflation rate was likely the “peak.” He said in July that inflation was “temporary” when it was around 5 percent.”
Reacting to the Holt/Biden moment, @Bakari_Sellers says, "Yeah, it was a terrible answer, and I would tell them that if they were looking me in the face."— The Recount (@therecount) February 11, 2022
Sellers say nobody wants "to hear what Nobel laureates actually say about the problem …"
Solutions or I feel your pain. pic.twitter.com/4C8QRg6N0u