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Hannity Blames Biden For Inflation Despite Global Crises

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Inflation is now becoming a global issue as the pandemic and war rage across the world, especially with gas and food prices. A ’news anchor’ who doesn’t understand how the global economy works is Sean Hannity, who rehashed old talking points about the Biden administration causing inflation while failing to recognize that world events like Russia’s invasion of Ukraine have had a profound impact on global inflation. Ana Kasparian discusses on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live

Read more HERE:
https://www.mediaite.com/tv/hannity-slams-idiot-jim-cramer-over-inflation-comments-asks-why-people-would-take-his-financial-advice/

"Sean Hannity took a swipe at Jim Cramer on Tuesday night after the CNBC host suggested inflation has peaked.

On Tuesday, it was reported that inflation in March hit 8.5%, year-over-year. It’s the highest such figure since 1981. Despite this, Cramer said he can make the argument that inflation will decline.
“Overall, I think people are going to start making – and the market’s making a case – that this is the last bad number,” he said.

Cramer later added, “Freight is going in the right direction, used car going in the right direction. You don’t have food going in the right direction yet. Hourly wages may be peaking. You have mortgages obviously making a slow down… I can make a strong case we may have peak inflation in a lot of different areas.”

That night, Hannity played a montage of clips of Biden administration officials insisting since last spring that the inflationary pressure is “transitory.”

The host accused the media of repeating the transitory “lie”."

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220413__TA05Global
Category
Europe
Tags
220413__TA05Global, News, Politics
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