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Biden Adviser Blows Off Recession Fears: Americans ‘Not Realizing’ How Successful Our Policies Were
A top Biden adviser dismissed the American people’s worries about the economy and inflation, insisting that they just don’t realize how wonderful Joe Biden’s policies have been.
Senior Adviser Gene Sperling made the remarks during an appearance on MSNBC’s “Chris Jansing Reports” Saturday.
“So, look, because of fuel prices, it’s fueling inflation, there are concrete fears of a recession. There was one survey recently that said 60% of CEOs expect a recession in the next year or year-and-a-half,” said host Chris Jansing. “The president believes a recession is not inevitable. Is that his natural optimism or based on something you can share with us?”
Tone-deaf Sperling brushed off those metrics, suggesting the American people are just too stupid to see all the good Biden has done for them.
“I think we think that too many people are not looking at the more reassuring elements of resilience in this economy right now and they’re not realizing that the American Rescue Plan put a historic number of people back to work,” Sperling said, citing low unemployment figures.
“People have called it the great return to work. You know, today, we just got out state unemployment numbers. There are 30 states in the United States where their unemployment rate is already below [what] it was before the pandemic hit. That’s remarkable progress and 15 of those states are at the lowest level of unemployment ever,” he added.
Low unemployment numbers are doing nothing to alleviate the economic pain Americans are feeling at the pump or in the grocery store as historic inflation is sending fuel and food prices to unprecedented levels.
Additionally, Americans are experiencing shortages in staple items and services, like baby formula, tampons, and flights.
This may explain why, despite low unemployment, American consumer confidence is the lowest it’s ever been.
And if Biden’s policies were so successful, Democrats wouldn’t be in full-blown panic mode over their midterm prospects as Biden’s approval hits record-lows.
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