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Top Democrat Admits ‘All Of Us Knew’ Biden’s Economic Bills Would Make Inflation Worse

In general, someone who lies to or misleads people who have placed their trust in them is immoral and at times, dangerous.

But for some reason, politicians have been given a pass when it comes to telling Americans the truth and nothing but the truth.

The Biden administration has been intentionally lying to Americans especially when it comes to the economy.

Sometimes though, an old-school democrat does share the reality of what their leadership is thinking.

Rep. Jim Clyburn (D-S.C.), the No. 3 House Democrat, admitted last week that lawmakers knew beforehand that President Joe Biden’s economic bills would considerably drive up inflation.

The Biden administration, on the other hand, has repeatedly defended those bills — the American Rescue Plan and the Inflation Reduction Act — claiming they have been good for Americans.

Speaking on MSNBC last Thursday, Clyburn surprisingly admitted that the Democrats’ “recovery program” made prices rise.

“Let me make it very clear. All of us are concerned about these rising costs, and all of us knew this would be the case when we put in place this recovery program,” he said. “Any time you put more money into the economy, prices tend to rise.”

Clyburn did try to provide some cover for Biden by also blaming “price-gouging,” the Russia invasion of Ukraine, and “corporations who are raising prices when they should not” for the nation’s ongoing economic woes.

See also  Senior House GOP Lawmaker: Not Enough Votes in House Republican Conference for Ukraine Aid

Last week, White House press secretary Karine Jean-Pierre inadvertently also drew a connection between Biden’s pandemic stimulus and inflation.

During a White House press briefing, reporters asked Jean-Pierre about inflation.

One reporter asked when Americans can expect relief noting that inflation began rising significantly 18 months ago.

Without realizing the irony, Jean-Pierre immediately noted that the rise began after Biden signed into law the American Rescue Plan.

“What about 18 months ago, when the president took office, inflation and gas prices started rising then?” the reporter asked.

“Well, 18 months ago, the president signed the American Rescue Plan back in April 2021,” she responded. (Biden actually signed it into law on March 11, 2021)

Economists at the Federal Reserve Bank of San Francisco recently explained how the American Rescue Plan has led to disproportionate inflation in America compared to other developed nations.

[S]ince the first half of 2021, U.S. inflation has increasingly outpaced inflation in other developed countries. Estimates suggest that fiscal support measures designed to counteract the severity of the pandemic’s economic effect may have contributed to this divergence by raising inflation about 3 percentage points by the end of 2021.


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