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Bear Market Biden

As the Biden Administration struggles to find answers to the ongoing economic struggles facing America, one of Biden’s senior advisors and spin doctors took to Fox News ‘Special Report’ to explain their plan. Given the President’s many gaffes, it is probably best to have a coherent individual taking the reins for this. Read more here.


FOX NEWS: Biden senior adviser outlines plan to fix economic crisis

Fox News Staff; May 31, 2022

Biden senior adviser Mitch Landrieu explained the president’s plan to address inflation on “Special Report.” 

MITCH LANDRIEU: No, I think that what they’re saying is that we have an international economic crisis and the United States is in a better position than any country to deal with it. If you think about it, the president has been able to create, in partnership with the private sector, 8.3 million jobs. Unemployment is at 3.6%.  

Unemployment insurance claims have been reduced by over 90%, but the president understands that the economy is a concern for people, which is why today in the Wall Street Journal, he talked about having a three-point plan to fix the problem. One of them was to let the Fed do their job and to expect that they’re going to do that by dealing with the issue of inflation 

The other is to actually lower costs and to continue to talk to Congress about ways to do that and to use the infrastructure bill that I’m responsible for helping with, do it and then finally, to reduce the deficit. That’s the plan… 

Photo: Posted by Prospect.org

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