Leftist media goes into full spin mode to inform ‘confused’ Americans they’re ‘doing quite well’ economically

MSNBC host Stephanie Ruhle is telling Americans not to believe their lying eyes, that President Biden’s economy is fantastic and they are better off economically than they mistakenly believe.

The condescension and gaslighting have kicked into full gear as the presidential election nears. Despite Americans struggling to put food on the table, a roof over their heads, and clothes on their children’s backs, Ruhle is telling them they are basically dimwitted and don’t appreciate how good they have it.

“We need an economic explainer,” Ruhle told the president and CEO of the Federal Reserve Bank of Chicago, Austan Goolsbee. “People are confused, they’re exhausted, but they’re also doing quite well.”

“Ruhle, who hosts MSNBC’s ‘The Eleventh Hour,’ had been discussing a recent Federal Reserve report that ‘shows people are still struggling to cover day-to-day expenses, even as inflation has slowed.’ She noted how some major brands are responding by enticing consumers with slashed prices, ‘Target says it is cutting prices on 5,000 essential items, things like milk, butter, pet food. Wendy’s is now offering a $3 breakfast deal. And rivals like McDonald’s are offering new lower-priced value meals,'” Fox Business reported.

(Video Credit: Fox Business)

What the MSNBC host doesn’t say is that cutting all those prices is a temporary bandaid that won’t last long. Inflation is due to government spending which has not slowed down in the least. They want to paint a rosy picture that will last just long enough to get Biden reelected before it explodes devastating Americans financially even more.

She told Goolsbee, “Lots of things that were not considered luxuries before now are because things have gotten expensive. However, we have more purchasing power today than we did in 2019. What’s going on with the American consumer psyche?”

There’s never a bigger difference between the vibes and the actual numbers than we’re facing right now, and I don’t think we totally understand that,” Goolsbee speciously claimed. “Maybe it’s rooted in a little bit if you ask people ‘How is your personal situation?’ and they say ‘Pretty good,’ ‘How is the national economy?’ They don’t like it at all. I think a lot of it comes from inflation being very unpopular and there is a bit of a lag behind conditions.”

Goolsbee continued his gaslighting, asserting the whole situation has “kinda got these cross-currents going, there’s some things that are very strong in the economy, there’s some things that are very aggravating in the economy, and that melts into a little bit of this vibe situation where people are more upset than what you would think they would be when the unemployment rate is low and the economy is growing.”

Falling in line with President Biden’s villanizing companies, Goolsbee stated that he feels “good” about major consumer brands cutting prices for Americans.

You’ve had inflation that got too high in the U.S. and in other countries around the world,” he commented manipulating the economic facts as he went. “Incomes didn’t keep up with that, now inflation has slowed in 2023, actually quite a lot. Inflation came down almost as much as it has ever come down, and we didn’t have a recession while that was happening, which was quite unusual. But prices are still higher than what they were before, and so you see people complaining about that.”

“Food inflation is more volatile, it’s more up-and-down than other inflation, so in a way it’s good to see, and I’m not surprised to see that you’re seeing a little deflation on the food side. Because that got way up before in the years previous to [2023] as well,” he remarked not addressing housing, gas, or utilities.

“High inflation has created severe financial pressures for most U.S. households, which are forced to pay more for everyday necessities like food and rent. Grocery prices are up more than 21% from the start of 2021, while shelter costs are up 18.37%, according to FOX Business calculations. Energy prices, meanwhile, are up 38.4.%,” Fox Business pointed out.

The media and the Left are pushing economic revisionism in an attempt to make Biden more palatable before the election. The question is will Americans believe a corrupt politician or what they see when they go to the store?

Users on X ripped Ruhle and Goolsbee over their “let them eat cake” elitism:


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