Bloomberg editor: Harris declined interview on economy
Incumbent's Playbook: Sidestepping Economic Comparisons and Pounding the Table.
"If you have the facts on your side, pound the facts. If you have the law on your side, pound the law. If you have a good economic record on your side, pound your good economic record:
If you have neither on your side, pound the table.”
Kamala Harris declining interview on economy is obviously her wanting to avoid a direct economic comparison between the Trump and Biden administrations (an attempt to avoid highlighting unfavorable economic conditions under the current leadership.)
Despite the Biden administration's efforts to paint a positive picture of the economy, several key indicators suggest significant challenges:
Inflation has been a persistent concern, with rates reaching levels not seen in decades. This has led to increased costs for everyday goods and services, putting pressure on American households.
The Federal Reserve's aggressive interest rate hikes to combat inflation have also raised borrowing costs, affecting everything from mortgages to business loans.
Yesterday we reported about the massive fake job market statistics. Biden Harris regime show 4% when the real number is over 24%
Many Americans are working multiple jobs to make ends meet, indicating that job quality and wage growth are not be keeping pace with living costs.
The national debt has continued to grow substantially, raising red flags about long-term fiscal sustainability. This will limit future policy options and burden younger generations with increased financial obligations.
Consumer sentiment has remained relatively low, with many Americans expressing pessimism about their financial situations and the overall direction of the economy.
This disconnect between official economic data and public perception presents a significant challenge for Biden and Harris.
Additionally, ongoing supply chain disruptions, geopolitical tensions, and energy market volatility have contributed to economic uncertainty. These factors have made it difficult for the administration to deliver on some of its economic promises.
By avoiding direct comparisons with the Trump-era economy, Harris is attempting to sidestep discussions about economic metrics that could be unfavorable to her campaign.
Four troubling stats
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In case you missed it
Yesterday’s report on Government misinformation by multiple of 6
Prior to Election: Government Reports UNEMPLOYMENT at 4%. True Rate of UNEMPLOYMENT is over 24%
The Federal Reserve, a private entity masquerading as a federal institution, has catastrophically failed in its dual mandate. With a true unemployment rate of 24%, their claims of a robust job market are exposed as a farce.