The White House where the “Buck Stops Here” president works (not counting weekends in Delaware) has spent his entire presidency blaming myriad crises on anything and anybody not named “Joe Biden.” High gas prices and inflation have been the fault of the pandemic, Vladimir Putin and “ultra MAGA” Republicans. But according to Biden administration officials last year, inflation was “transitory” and shouldn’t even really be a problem now — except it is. The White House’s new spin is pitiful:
A reporter asks if use of the word "transitory" in reference to inflation gave false hope to the American people.
Biden's Director of the National Economic Council:
"This has been an uncertain and unexpected recovery period, historic in many ways." pic.twitter.com/iFFPS4Uq5E
— Townhall.com (@townhallcom) May 31, 2022
Treasury Secretary Janet Yellen was among Biden administration officials who previously insisted inflation was “transitory” and would be short-lived. However, Yellen’s not admitting that her previous assurance was incorrect:
CNN's Wolf Blitzer: "Was it a mistake, Madame Secretary, to downplay this inflation risk? Did that contribute to the problems we're all seeing right now?"
Treasury Secretary Janet Yellen: "Well, look, I think I was wrong then about the path that inflation would take." pic.twitter.com/9reuP2cij7
— Curtis Houck (@CurtisHouck) May 31, 2022
"It wasn't just the president who got it wrong."
After spending MONTHS insisting it was merely "transitory," Biden Treasury Secretary Janet Yellen finally admits they were WRONG to downplay inflation. pic.twitter.com/IlJMvQsbrU
— RNC Research (@RNCResearch) May 31, 2022
On the one hand, the incompetence and/or dishonesty that’s been on display in every corner of the Biden White House has been disturbing, but on the other hand, it’s highly unusual to hear the words “I was wrong” coming from anybody connected to this administration.
Cool. Resign. https://t.co/9cyX2wEdpG
— Stephen L. Miller (@redsteeze) June 1, 2022
Has anybody in this administration been held accountable for their incompetence? They just keep failing upward.
OH WELL NO HARD FEELINGS THESE THINGS HAPPEN JUST KEEP TRYING YOUR BEST I GUESS https://t.co/AkrgYe8Hj8
— Oilfield Rando (@Oilfield_Rando) June 1, 2022
In April, Yellen was sounding the alarm about climate change so clearly the Treasury Secretary had her priorities in order (cue huge eye roll).
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Related:
Karine Jean-Pierre says inflation isn’t a crisis, ‘We’re just in a difficult time’