The Biden administration is desperate and they are resorting to “fairytale” like talking points.
Former Treasury Secretary Lawrence Summers recently told CNN that 1/6 caused inflation.
Summers said, “We should focus on what’s important, not raising input prices for American producers, so they’re less competitive, which is what much of those tariffs do. Instead, we should be focusing on things that allow the leakage of key technologies to China and the like. We should pass at long last some kind of legislation, ideally, on a bipartisan basis that would raise the vastly excessive Trump tax cuts, join the world in taxing corporations, take down prescription drug prices. All of that would operate to reduce inflation. There are things we can do.”
Summers added, “If I can step out of my area for one second. I think the banana Republicans who are saying that what happened on January 6 was nothing or OK are undermining the basic credibility of our country’s institutions. That, in turn, feeds through for inflation because if you can’t trust the country’s government, why should you trust its money? So, I think it’s terribly important that we take the temperature down in Washington. That we recognize behavior that’s just out of bounds of reasonable and decency, we give the Fed the room it needs. We bring down the budget deficit. We take down prices directly through prescription drugs. This is a challenge that we can meet. If we’re prepared to be serious about taking it on.”
Actually, the trust was broken when Biden tried to force the country to receive a medical procedure and when health officials lied over and over again to the American people.
Trust is also being eroded when the White House day after day says that the economy is great.
Joe Biden: “The job market is the strongest it has been since WWII, notwithstanding the inflation. […] Millions of Americans are moving up to better jobs and better pay, and since I took office, families are carrying less debt on average in America, they have more savings.” pic.twitter.com/ogyAzY9w4n
— The Hill (@thehill) June 13, 2022
