President Joe Biden participates in a pull-aside meeting with AFL-CIO President Liz Shuler, Tuesday, June 14, 2022, at the Philadelphia Convention Center in Philadelphia. (Official White House Photo by Adam Schultz)
In an interview on Wednesday with CNN’s Erin Burnett, Joe Biden, in reference to inflation, told the anchor, “They have the money to spend.” For many Americans who have suffered to pay their bills during Bidenflation, the comments came as a slap in the face. Stephen M. Lepore reports for the Daily Mail:
President Joe Biden stubbornly refused to admit Americans’ struggles with inflation might cost him the election in a rare interview Wednesday.
A growing economy could inspire confidence in Biden’s leadership ahead of the election, but the issue of persistent inflation could ruin that.
Biden, who was in Wisconsin to tout his record on the economy and to announce an investment by Microsoft to build a factory, defended his handling of inflation.
Polls show voters are nervous and critical of Biden’s handling of the economy and anchor Erin Burnett reminded him that grocery prices are up 30 percent.
But Biden, in his interview with CNN, claimed the polls are wrong and Americans struggling with inflation have more cash in their pockets, saying: ‘They have the money to spend.’
He did admit that inflation, one of the biggest factors that sank Biden’s popularity in the first half of his term, was real.
‘It is real, but the fact is that if you take a look at what people have, they have the money to spend,’ he claimed.
He blamed ‘greedy corporations’ for consumers’ lack of confidence.
‘It angers them and it angers me that you have to spend more. For example, the whole idea of this notion that you have… shrinkflation… It’s like 20% less for the same price, that is corporate greed. It is corporate greed and we’ve got to deal with it.’
Many were enraged on social media by Biden’s comments while Americans continue to struggle.
One critic wrote: ‘Most people don’t have the money because they are honest, unlike pathological lying Joe!’
Another said: ‘He is the most clueless president this country has ever had and that is the way history will remember him.’
‘The man is out of touch with EVERYTHING,’ added another.
Read more here.
YOUR REACTION: CNN to Biden, “Grocery prices are up 30%+ … that’s a real day-to-day pain that people feel.” Biden responds, “They have the money to spend.” WATCH pic.twitter.com/h51mRuPzIA
— Simon Ateba (@simonateba) May 9, 2024
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