• About
  • Team
  • Contact
  • Editorial Standards
  • Core Values
  • Terms of Service
  • Privacy Policy
  • Affiliate Disclosure
Resist the Mainstream
No Result
View All Result
STORE
  • Politics
  • US
  • Media Watch
  • World
  • COVID
  • Story of Hope
  • Opinion
    • Cartoons
NEWSLETTER
Get Ad-Free Login Manage Account
  • Politics
  • US
  • Media Watch
  • World
  • COVID
  • Story of Hope
  • Opinion
    • Cartoons
No Result
View All Result
Resist the Mainstream
No Result
View All Result

Watch: CNBC Host Calls Out Biden Economic Adviser For Using ‘Putin Price Hike’ Scheme: ‘You’re At 33% Approval At This Point’

RTM Staff by RTM Staff
July 11, 2022
0

RELATED

Andrew Cuomo Blasts Manhattan DA Bragg’s Trump Probe: ‘I Think It’s All Politics’

Brazilian Authorities Accept Deal From George Santos In Fraud Case: Report

CNBC host Joe Kernen called out Biden economic adviser Jared Bernstein on Monday for continuing to blame Russian President Vladimir Putin for rising gas prices.

ADVERTISEMENTS
ON
OFF

Kernen pressed Bernstein on inflation and overstimulation by the Federal Reserve and the American Rescue Plan resulting in the worst financial opening to a calendar year since 1970. He pointed to Biden’s low approval ratings and said that he is surprised 70% of Democrats still approve of his job performance.

Advertisements

Bernstein said the nation has the “strongest labor market in generations” with 375,000 job openings per month and high wages. He credited the American Rescue Plan with the rising benefits in the job market and argued that inflation is caused by “strong demand and supply” and Putin’s invasion of Ukraine.

“The Putin Price Hike is very much in the mix and that remains a strong constraint weighing on both the real economy and the markets,” he said.

“You guys gotta patent that,” Kernen said. “Trademark it, that ‘Putin Price Hike.’ You guys all use it again and again and again, and you’re at 33% approval at this point, Jared, so I don’t know.”

Bernstein cited a Morning Consult/CNBC poll saying that 66% of respondents making $100,000 or more are either “about the same” or “better off” than they were a year ago. A total of 42% of people say they are about the same, 24% are better off and 34% said they are “worse off.”

Kernen credited the nation coming out of a global pandemic as reasoning for many feeling “better off.”

Advertisements

“I’ll feel a little better off about that than anything,” Kernen said.

Watch:

CNBC-Host-Calls-Out-Biden-Economic-Adviser-For-Using-apos-Putin-Price-Hike-apos-Scheme
play-sharp-fill
Link

CNBC-Host-Calls-Out-Biden-Economic-Adviser-For-Using-apos-Putin-Price-Hike-apos-Scheme

This is an excerpt from the Daily Caller.

Scroll down to leave a comment and share your thoughts.

TRENDING TODAY

Handyman Turns the Tables on Squatters Who Took Over His Mother’s House
US

Handyman Turns the Tables on Squatters Who Took Over His Mother’s House

by RTM Staff
March 25, 2023
Pennsylvania Police Respond to ‘Screaming’ in House Known for ‘Drama,’ Find Child Locked in Dog Cage
US

Pennsylvania Police Respond to ‘Screaming’ in House Known for ‘Drama,’ Find Child Locked in Dog Cage

by RTM Staff
March 25, 2023


© 2023 Resist the Mainstream

Get Ad-Free Login Manage Account
No Result
View All Result
  • Newsletter
  • Store
  • Politics
  • US
  • Media Watch
  • World
  • COVID
  • Story of Hope
  • Opinion
    • Cartoons
  • About
  • Team
  • Contact
  • Editorial Standards
  • Core Values
  • Terms of Service
  • Privacy Policy
  • Affiliate Disclosure

© 2023 Resist the Mainstream