Newt Gingrich is calling out Joe Biden over the current state of the economy.
Biden was expecting stellar employment numbers last week. Instead, they fell far below projections, proving Joe’s impact on the markets has been terrible.
But Biden apparently doesn’t seem to be worried. In fact, his radical agenda might be hurting the economy already.
And Newt is blasting a spotlight on who he thinks Joe is hurting the most.
From Daily Caller:
Former House Speaker Newt Gingrich said Sunday that Americans will notice what he called President Joe Biden’s “hidden tax” and predicted the country is “on the edge of a massive inflation.” …
“Democrats’ answer is print even more money so they get a bad job’s number on Friday and they are saying immediately, ‘Oh, we need to spend another couple of trillion,’ which is exactly the wrong solution if you want the economy to be healthy,” Gingrich said…
Gingrich claimed “the result is everybody pays a hidden tax. Now what makes it tragic is the people hit the hardest are the poor.”
It looks like those stimulus checks and extra unemployment spending have had some “unintended” consequences on the economy. Ones that fiscal conservatives have been warning about for a year.
It has resulted—and will continue to do so—to increasing inflation. Newt Gingrich is warning Americans that this is Biden’s “hidden tax.”
Biden promised economic recovery through massive spending. But, he promises all this new spending would only hurt the wealthiest Americans.
(As if the rest of us won’t care if Biden taxes rich Americans into oblivion.)
But Gingrich is explaining that Biden’s terrible policies are already hurting regular Americans. As inflation increases (due to Biden’s policies), every American will get hit.
As Democrats cause inflation to get worse, everything from food to electricity to gas will get more expensive.
Just as the country tries to recover after the events of last year (both a pandemic and widespread riots), Biden wants to slow down our progress with heavy taxes and expenses.
It’s almost as if Biden wants Americans to struggle, so we can’t compete on the world stage with countries like China.
Is China Joe rearing his ugly head? Is this all part of a bigger plan to make globalists happy, by hurting regular Americans?
I can’t say for sure, but what all I know is this stuff wasn’t happening when 45 was in office.
Do you hold Biden accountable for rising inflation on the American people?
- Newt Gingrich is criticizing Joe Biden’s “hidden tax”: inflation.
- Gingrich warns that Dem spending will increase the cost of basic necessities.
- This move will hurt the poor the most, who struggle to provide these needs.
Source: Daily Caller