Despite his age and mental decline, Joe Biden is fully aware of the backlash coming his way over historic rates of inflation that continue to rain down on average Americans.
Joe must’ve really clunked his head when he fell off that bike because he seems to be very confused about the general consensus had by most of the country as well all navigate how to survive the Biden regime.
On Monday, while still in Delaware, Biden was caught snapping at a reporter who dared to ask about inflation. The cognitively deficient President was taking questions from reporters on Rehoboth Beach when he snapped at a female journalist who asked about economists’ recent recession predictions.
Biden has a peculiar habit of picking on female reporters; he must feel comfortable knowing they’re on the same level intellectually.
“The majority of them aren’t saying that. Come on, don’t make things up, okay?” Biden snapped.
WATCH: Biden snaps at a reporter for asking about economists warning of a recession.
“C’mon, don’t make things up" pic.twitter.com/eqEh2f9fEh
— RNC Research (@RNCResearch) June 20, 2022
The reporter’s question comes after the Wall Street Journal published a survey from a group of economists on Sunday. The economists predicted that the U.S. was very likely to enter a recession within the year, putting the chances at 44% while Biden continues to spend on a federal level.
In addition to record-breaking gas prices and high inflation, the nation’s gross domestic product (GDP) declined by 1.5% during the first quarter of 2022.
GDP in America declined at a 1.5% annual pace, according to estimates — a drop from the 1.3% predicted by Biden’s advisers and other economists. Additionally, CEOs from America’s largest corporations are beginning to voice their concern regarding the looming recession.
JP Morgan Chase CEO, for example, warned of the financial “hurricane down the road.” Tesla CEO and richest man in the world Elon Musk cited a “super bad feeling” about the economy before announcing plans to lay off 10% of his company.
In a recent email to executives seen by Reuters, Musk instructed Tesla to “pause all hiring worldwide” and said that the company needs to cut 10% of jobs. Tesla currently has more than 99,000 employees, The New York Times reported.
Other tech companies, like Microsoft and Coinbase, have begun slowing or completely halting new hires out of fear that the economy is bound to tank.
Still, the White House continues to move the scale when it comes to inflation.
Initially, inflation was nothing to worry about, then it became “transitory” before the Biden admin began blaming Vladimir Putin altogether.
In other words, they’re panicking.
Author: Robert Bogart
