Recession

Bloomberg News appeared to join a growing chorus of liberal outlets rejecting President Joe Biden’s gaslighting on the severity of the American inflation crisis.

It looks like not even The Associated Press is buying President Joe Biden’s seemingly never-ending list of excuses on the inflation-plagued economy.

The Bloomberg Opinion Editorial Board had a bit of a red pill moment on how bad the inflation crisis actually is, but didn’t lay any blame at the feet of President Joe Biden and the Federal Reserve.

On Tuesday, President Joe Biden spoke to the AFL-CIO and addressed the nation’s crumbling economy and skyrocketing inflation that Americans are suffering under during his reign. During that speech, he blamed everyone and everything but himself and his policies for the economic struggles. 

A former Federal Reserve chairman who dismissed concerns about the 2000s housing bubble attempted to squash fears of a 1970s-style inflation crisis under President Joe Biden.

After another disastrous day on Wall Street which saw the Dow Jones Industrial Average plunged almost 900 points at the close among fears of a pending recession, all three evening news networks ignored the fact this meant all stock market gains made during the Biden administration have been wiped out. 

CNN is experiencing the “life comes at you fast” adage in real time as a poor government prediction it touted on skyrocketing gas prices came back to haunt the network.

The NBC, CBS and ABC morning news shows largely ignored a devastating report showing that inflation skyrocketed in May for the fastest increase since December 1981.

Remember when The New York Times attempted to spin the 1970s stagflation crisis in order to protect former President Jimmy Carter’s political image before the 1980 elections? MRC Business does.

New York Times economics columnist Paul Krugman continued his downward spiral into parody by letting voters know he’s triggered over them blaming President Joe Biden for the inflation monster eating their wallets.

Entrepreneur and business magnate Elon Musk, the CEO of Tesla and SpaceX, said the "obvious reason" for inflation in the United States is that the federal government printed way too much money that it did not have to stimulate the economy, which increased demand but supply (goods and services) could not keep up -- thus, the prices went up. 

It’s the Roaring ‘20s once more. That’s what The New York Times claimed as high gas prices, 40-year record inflation and a border crisis dominate the lives of ordinary Americans. 

A guest economist on Fox News host Laura Ingraham’s show tore apart the Federal Reserve for hiking interest rates while gaslighting Americans on the economy.

The contraction of the U.S. economy as reflected by the first quarter GDP decline brought out the use of the U-word, "unexpectedly," by the media.