Democrat President Joe Biden snapped at Fox News reporter Peter Doocy on Monday after Doocy asked him about inflation and the upcoming midterm elections.
“Do you think inflation is a political liability for midterms?” Doocy asked.
“It’s a great asset, more inflation,” Biden responded. “What a stupid son of a b****.”
The attack on Doocy followed an attack that Biden made on Fox News reporter Jacqui Heinrich last week after Heinrich asked Biden about the ongoing situation in Ukraine.
“Why are you waiting on Putin to make the first move, sir?” Heinrich asked in reference to Biden not taking noticeable action to deter Russian aggression.
Biden laughed and said, “What a stupid question.”
The exchange came after who served as Treasury Secretary under former President Bill Clinton and director of the National Economic Council under former President Barack Obama, warned earlier this month that the U.S. is moving toward “higher entrenched inflation.”
“I think the data flow is saying what I’ve thought for quite some time that, yes, there are transitory elements in inflation, and very likely they will recede, but we are basically moving towards higher entrenched inflation,” Summers said. “It’s there in expectations, it’s there in wages, it’s there in labor shortages, it’s there in the pervasive pattern across many different prices.”
“And people try to excuse it by picking this figure and that figure from month to month, but we’ve got an overheated economy, and the Fed’s gonna have a very real challenge of cooling that economy off and doing it in a controlled way,” he continued. “That has not been done very successfully in the past. So it’s going to be a very challenging year for macroeconomic policy.”
This is an excerpt from The Daily Wire.
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