jimnyc
11-18-2021, 06:13 PM
I guess Joy took a quick break from her racist stories to talk shit about our economy.
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Soulless Joy Dismisses Inflation as GOP 'Buzzword,' Insists 'The Economy Isn't Bad'
MSNBC’s The ReidOut host Joy Reid decided on Wednesday to channel NBC chief business correspondent and MSNBC colleague Stephanie Ruhle in dismissing the economic pain Americans are facing amid rising inflation, calling it a “buzzword bandwagon” by Republicans who “want you to believe the economy isn't doing well” when it’s “not bad” and people “are also spending a record amount of money.”
And with chyrons such as “GOP Using Inflation to Their Political Advantage” and “Dems Push Back Against False Narratives on the Economy,” Reid even cited a tweet from White House Chief of Staff and Twitter resident Ron Klain to back up her rosy outlook.
“Republicans jump on the inflation buzzword bandwagon, ignoring all the signs of America's economic comeback. Senator Elizabeth Warren joins me next with the truth about our economy,” she said in the second of two teases.
Reid kept up the snark before bringing in Warren: “Republicans want you to believe the economy isn't doing well, that's terrible. But, in reality, unemployment is at its lowest point since before the pandemic began.”
Incredibly, Reid then defended inflation, saying what while “[p]rices are higher” and while that’s “never good,” it’s fine because “Americans are also spending a record amount of money that was pent up during the pandemic, which economics 101 will tell you drives prices up, aka inflation.”
In turn, she said the problem has boiled down to the stubbornness of American consumers: “[T]hat conflict between how much we want to spend and what we can get into our hands quickly is contributing to how pessimistic many Americans feel about the economy. Consumer confidence is its lowest in a decade[.]”
Rest - https://www.newsbusters.org/blogs/nb/curtis-houck/2021/11/18/soulless-joy-dismisses-inflation-gop-buzzword-insists-economy-isnt
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Soulless Joy Dismisses Inflation as GOP 'Buzzword,' Insists 'The Economy Isn't Bad'
MSNBC’s The ReidOut host Joy Reid decided on Wednesday to channel NBC chief business correspondent and MSNBC colleague Stephanie Ruhle in dismissing the economic pain Americans are facing amid rising inflation, calling it a “buzzword bandwagon” by Republicans who “want you to believe the economy isn't doing well” when it’s “not bad” and people “are also spending a record amount of money.”
And with chyrons such as “GOP Using Inflation to Their Political Advantage” and “Dems Push Back Against False Narratives on the Economy,” Reid even cited a tweet from White House Chief of Staff and Twitter resident Ron Klain to back up her rosy outlook.
“Republicans jump on the inflation buzzword bandwagon, ignoring all the signs of America's economic comeback. Senator Elizabeth Warren joins me next with the truth about our economy,” she said in the second of two teases.
Reid kept up the snark before bringing in Warren: “Republicans want you to believe the economy isn't doing well, that's terrible. But, in reality, unemployment is at its lowest point since before the pandemic began.”
Incredibly, Reid then defended inflation, saying what while “[p]rices are higher” and while that’s “never good,” it’s fine because “Americans are also spending a record amount of money that was pent up during the pandemic, which economics 101 will tell you drives prices up, aka inflation.”
In turn, she said the problem has boiled down to the stubbornness of American consumers: “[T]hat conflict between how much we want to spend and what we can get into our hands quickly is contributing to how pessimistic many Americans feel about the economy. Consumer confidence is its lowest in a decade[.]”
Rest - https://www.newsbusters.org/blogs/nb/curtis-houck/2021/11/18/soulless-joy-dismisses-inflation-gop-buzzword-insists-economy-isnt