Biden’s hot mic moment shines spotlight on inflation

IT’S THE HOT MIC MOMENT TAKING TWITTER BY STORM

TAKE SOT-Joe  BIDEN/ Peter DOOCY

“<<Peter Doocy: “Do you think inflation is a political liability ahead of the midterms?”

Biden: “That’s a great asset. More inflation. What a stupid son of a bitch“>>

[Annie Andersen: ON-CAM]

AHH, SARCASM.. COMEDY’S LOW-HANGING FRUIT.

BUT SINCE HE BROUGHT IT UP.. LET’S TALK INFLATION. 

RATES ARE UP WORLDWIDE BUT THE U-S HAS ONE OF THE HIGHEST…

ACCORDING TO THE BUREAU OF LABOR STATISTICS…

THE CONSUMER PRICE INDEX, WHICH IS THE MOST WIDELY USED INFLATION GAUGE..

INCREASED 7 PERCENT FROM DECEMBER 2020 TO DECEMBER 2021. 

THAT’S ITS HIGHEST RATE IN NEARLY 40 YEARS!

AND PEOPLE ARE FEELING IT.

A NEW NBC NEWS POLL FOUND THAT 61 PERCENT OF PEOPLE SAY THEY ARE FALLING BEHIND BECAUSE OF THE INCREASED COST OF LIVING. 

FOR REFERENCE…. IN 1996… THAT NUMBER WAS JUST 50 PERCENT. 

AND NOT ONLY THAT… 60 PERCENT OF PEOPLE SAY THEY DISAPPROVE OF HOW BIDEN IS HANDLING THE ECONOMY… IN APRIL OF LAST YEAR.. JUST 43 PERCENT. 

SO HOW MIGHT INFLATION LOOK THIS FALL– AS PEOPLE ARE HEADING TO THE POLLS?

FOR THAT… HERE IS STRAIGHT ARROW’S BUSINESS CORRESPONDENT… SIMONE DEL ROSARIO. 

TAKE SOT-SIMONE DEL ROSARIO, SAN BUSINESS CORRESPONDENT.

<<” The Federal Reserve is actively working to lower inflation by reversing its pandemic policies that helped fuel it. Between stopping asset purchases and hiking the benchmark interest rates, most economists think that around the end of the year, inflation will dip just below 3%. That’s a lot closer to the target inflation rate, but keep in mind, that still means we’re stuck with the higher cost of living set in 2021.”>>

Annie Andersen:

DEMOCRATS ARE EXPECTED TO LOSE THE HOUSE… AS IS HISTORICALLY the party with the white house loses… 

BUT THIS MIGHT BECOME A QUESTION OF… HOW MANY SEATS WILL DEMOCRATS LOSE BECAUSE OF KITCHEN TABLE ISSUES. 

AND BACK TO THAT HOT MIC MOMENT…  

THE PRESIDENT CALLED PETER DOOCY…THE REPORTER INVOLVED AND APOLOGIZED SHORTLY AFTER. 

DOOCY FOR HIS PART APPEARED TO HAVE A GOOD LAUGH ABOUT IT: 

TAKE SOT- Peter Doocy

<<”NOBODY HAS FACT CHECKED HIM yet and said it’s not true…:”>>

STRAIGHT FROM DC I’M AA.