Biden contests economists' rosy outlooks amid high inflation hitting low-income Americans hard
-
Democratic analysts dismiss inflation concerns, but prices for necessities like food, gas, and housing have soared, hurting lower-income Americans.
-
Economists tout strong job growth, but interest rates have spiked, making borrowing painfully expensive.
-
Biden admits economic hardship, contrasting with economists waving off consumer complaints as just bad “vibes.”
-
Alternative inflation measures better capture rising costs straining household budgets.
-
Dismissing inflation pain risks conveying elite condescension rather than empathy to struggling Americans.