An economics professor who was featured as a guest on CNN minimized concerns about President Joe Biden’s disastrous policies by claiming that Republican disapproval of the deeply unpopular leader makes them unreliable respondents when it comes to polling.
Biden’s surrogates have been desperately working to spin the results of a new Wall Street Journal poll showing that, in addition to concerns about the geriatric Democrat’s advanced age, nearly 60 percent disapprove of his handling of the economy which under his tenure has seen crushing inflation, particularly on essentials such as housing, food and energy.
(Video: CNN)
Acting as a de facto public relations arm of the White House, the self-proclaimed “most trusted name in news” brought on guest Justin Wolfers, a professor of economics and public policy who teaches at the University of Michigan to gaslight viewers about the WSJ numbers, and to “break down the details of the economy because there is this difference between perception and what is actually happening.”
“You’ve got historically low unemployment, inflation that appears to be cooling, wages are going up, and yet polling indicates that the majority of Americans do not believe President Biden is properly handling the economy,” anchor Boris Sanchez said before turning the floor over to Professor Wolfers.
“It’s a puzzle for sure,” responded Wolfers. “So I will tell you as an economist, I believe the hard numbers. The hard numbers tell us that the economy’s growing and it’s growing at a healthy rate. If you’d fallen asleep in 2019 and you woke up in 2023, you would discover pretty much the sort of economy you would have expected, and you wouldn’t think to ask, hey, was there a global recession and a global pandemic in between, and I think that’s really the president’s great claim that things are as good or better than they would have been without a pandemic.”
Sanchez then asked his guest about the talk “about the potential for a looming recession for the better part of nearly two years now,” which has never officially come to fruition after the Biden administration changed the traditional definition of the economic downturn last summer in advance of the midterm elections, and if he thought that the economy has “reached that soft landing that we’ve been talking about too?”
The professor said that while he wouldn’t “hang up the ‘mission accomplished’ banner too soon,” he gloated about how he’s been “happily coming on CNN telling you there’s no recession and there hasn’t been.”
He added, “What there has been, though, is a lot of depressed people,” and a “disjunction between reality and perception” despite the talking points based on Biden regime figures that “unemployment is down, inflation is down, economic growth is up, real wages are up.”
“Everything has gotten better over the past two years,” he said, despite the real pain being felt by Americans in their daily lives due to raging inflation aka Bidenomics.
The topic then turned to the Wall Street Journal poll which Wolfers dismissed as being unreliable because anything that Republicans have to say about the economy is unreliable due to their disapproval of Biden.
“A big part of that is this enormous partisan gap,” he said “It’s gotten to the point where it’s almost pointless asking Republicans how they feel about the economy; only 7% of them were willing to admit the economy had gotten better over the past two years. So I think when we ask these questions, people are no longer telling us how they feel about the economy — really they’re telling us how they feel about the president.”
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