Site icon Daily Political Newswire

CNN Host Blasts 'Out of Touch' Biden Administration When it Comes to Economy

cnn host jake tapper

CNN host Jake Tapper pointed out that when it comes to the economy the Biden administration is in “denial and out of touch."

Tapper pointed blame to Gene Sperling, senior adviser to President Joe Biden, for the president denying we are in a recession. The Bureau of Economic Analysis (BEA) released a report that the GDP dropped by 0.9% in the last quarter. Up until the current recession, two consecutive quarters of dropping GDP is a recession, by definition.

This definition of a recession was declared in 1974 by Economist Julius Shiskin.

“Doesn’t this semantic debate risk making the White House seem as if you’re in denial and out of touch with Americans who are really struggling out there?” Tapper questioned.

“Not at all, Jake,” Sperling responded. “Let’s acknowledge that every single family is the world’s leading expert on how they themselves are doing, and we totally appreciate the degree that so many Americans feel pinched and squeezed by the higher prices at the gas pump — even with gas prices down $0.75 now — squeezed at the grocery line by the impacts of global inflation on the U.S. We feel that, we’re not denying that.”

When word came out earlier in the week that the economy report would officially place the U.S. in a recession, it left the Democrats with two options. The first was change the definition of a recession and the second was to blame Trump.

Trending Political News

Comedy Legend Dana Carvey Steps in For Jimmy Kimmel and Completely Roasts Joe Biden in Opening Monologue

Comedy legend Dana Carvey stepped in for Jimmy Kimmel as a guest host and did something Kimmel would never do: completely roasted President Joe Biden.

Carvey, a 67-year-old former “Saturday Night Live” star, had the crowd erupting into laughter and cheers during his opening monologue.

Continue reading...

WATCH: Biden Leaves Crowd STUNNED with Most Offensive Gaffe Yet!

On Wednesday, President Joe Biden visited Israel and had what is possibly his worst gaffe yet in stating that we must keep alive the "honor of the Holocaust."

We can only assume that he meant to say "horror" instead of "honor" but with Biden, you never know.

Continue reading...

Middle School Teacher Shows Up to Meet 14-Year-Old Student, Instead is Greeted by Military Veteran

There are some sick people out there in the world and this is just another example of one of them. This one just so happens to be a middle school teacher.

This is reminiscent of the show "To Catch a Predator." This sick individual was set to meet up with an underage 14-year-old student, but a military veteran was there instead.

Continue reading...

 

Exit mobile version