Flashback July 2021: Biden Says Inflation is Transitory

[Weatherman2020]

And the top voter concern in 2024 is the economy and inflation.

"As our economy comes roaring back, we've seen some price increases," Biden said, while rejecting concerns the recent increases could be a sign of persistent inflation.

He also said:

"I want to be clear: my administration understands that were we ever to experience unchecked inflation in the long term, that would pose a real challenge for our economy," he said. "While we're confident that isn't what we're seeing today, we're going to remain vigilant about any response that is needed."

Well how’d that work out?

Oh yeah. The US economy is causing the world economy to implode.

https://www.reuters.com/world/us/biden-says-inflation-temporary-fed-should-do-what-it-deems-necessary-recovery-2021-07-19/

 

[Calypso Jones]

Does Joe even know what that word means? Yellen said Joe's dementia was transitory...i'm not sure what it is transitory to....death?

 

[toobfreak]

Biden Says Inflation is Transitory​

And Joe was right. 9% inflation transitioned to 7% inflation to 5% inflation for a total of around 40% in three years. Joe never meant that prices would ever fall back to what they were when he took office, he meant that they would just keep transitioning to higher numbers until the next asteroid wipes out life on Earth.

ITMT, our treasury secretary Janet Yellin' wants to transition about THREE TRILLION dollars a year from your bank account to them to spend on chasing after climate change. You know, climate, the thing that has been changing for the past 4.5 billion years.