As the Biden Administration’s defenders in the media promote “Bidenomics,” one outlet even pushed Americans to appreciate current inflation numbers.
According to CNN, Biden’s Council of Economic Advisors (CEA) used a “‘harmonized’ inflation metric” to try to put a good face on the Biden economy on May 27. The CEA insisted on an “apples to apples” comparison between rampant inflation in the United States under Biden and other countries in the G7.
The CEA’s adjustments naturally produced a more favorable comparison, distracting Americans from the impact of Biden’s atrocious economic policies on skyrocketing prices. In a moment of dramatic understatement, CNN noted that, “Some Americans may be understandably skeptical about a positive inflation analysis crafted by the White House – just as the 2024 presidential campaign kicks into gear.” No kidding, Sherlock!
CNN’s own condescending headline lectured Americans struggling with persistent inflation and told them to put their struggle into perspective: “Inflation hurts. But White House economists find that it’s even worse in every other G7 nation.” But Americans shouldn’t expect CNN to report the straight news on the economy anyway. After all, this is the same CNN that once attempted to portray inflation as a blessing in a Dec. 1, 2021, story headlined, “Why inflation can actually be good for everyday Americans and bad for rich people.”
In the present, this CNN article covers for the Biden Administration, reassuring readers that, “the cost-of-living crisis is a truly global phenomenon, largely brought on by factors outside politicians’ control – the pandemic, the war in Ukraine and supply chain snarls have sent prices around the world soaring.” At no point in that paragraph or anywhere else in that article, did the author mention that politicians chose to spend trillions of dollars during the same period, including the ludicrously-named “Inflation Reduction Act.”
The CNN reporter covering the CEA’s latest spin, Matt Egan, tweeted that, “New White House inflation report is an ‘attempt to shape’ public expectations around inflation and perhaps send a signal to the Fed to wrap up its rate-hiking campaign, @joebrusuelas tells me,” Egan wrote, before adding that the White House denied this was a message for the Federal Reserve.
Trying to protect Biden’s economic image is a typical ploy for Egan. This is the same reporter who once bleated in a Sept. 2021 headline: “Forget inflation. This billionaire investor worries about democracy.” The story babbled about how Carlyle Group co-founder David Rubenstein was “shrugging off fears of runaway inflation and concerns about looming tax hikes'' because he was “far more worried these days about the state of American democracy.” Of course, Egan would publish this right before a tumultuous year 2022 ransacked by 40-year high inflation that crippled the economy.
Newsflash CNN: Minimizing Americans’ struggles with high prices to protect Biden is propaganda, not journalism.
Conservatives are under attack! Contact CNN at 404-827-1500 and demand it stop acting as a PR firm for the Biden administration.
