Don’t believe your lying eyes, John Harwood says. Harwood managed to find an economist who has his head up so far up his backside that he’s claiming Americans AREN’T actually being crushed by Biden’s inflation and they are AOK since the government gave them SO MUCH COVID relief.
First, they told us inflation was transitory, then they said inflation was good, then they blamed Putin for inflation, and NOW they’re telling us inflation is bad BUT since the government gave away so much ‘free money’ during their forced lockdowns, Americans are fine.
We’re just too dumb to know it or something.
in Washington debate, inflation is “crushing” families
in real life, pandemic relief has eased the pain
Moody’s economist: “excess saving cushioned the impact, even for lower-income households
“households are for the most part in a good financial place” https://t.co/jpqJvuYYKn
— John Harwood (@JohnJHarwood) May 23, 2022
Households for the most part are in a good financial place.
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