Top White House Economic Advisor Quits As Markets Dive & Biden's Statement Shows How Clueless He Is

Posted • August 5, 2024: Joe Biden and Kamala Harris have bragged about their horrible economy. It was already bad with the inflation that they helped to cause, which was crushing Americans, and then they raised interest rates, which made things even tougher for the ordinary person. But now, as things get worse with fears of recession, the markets are taking a dive around the world. So, in typical Biden fashion of complete chaos, Biden's top economic advisor, Gene Sperling, picked now to give his notice. You couldn't pick more symbolic timing. That he's quitting in the middle of a crash is probably not a good sign, nor is his jumping ship likely to contribute to stability. Biden tasked Sperling with the $1.9 trillion American Rescue Plan that helped to spark off the inflation, along with other duties.

How out of touch are Biden-Harris? Biden referenced that in the statement he released on Sperling leaving, saying he was glad that he had picked Sperling and that he "helped me execute a rescue plan that has led to one of the most equitable and resilient economic recoveries ever." -- Biden's statement on Gene Sperling leaving the WH: https://pbs.twimg.com/media/GUOWwKlXIAALV3P?format=jpg&name=small -- "Bidenomics. Ha ha ha ha! That is called Bidenomics — and we are very proud of Bidenomics!" — Kamala Harris 一 #KamalaCrash (…)

• More at: RedState - Top WH Economic Advisor Quits As Markets Dive and Biden's Statement Shows How Clueless He Is
https://redstate.com/nick-arama/2024/08/05/gene-sperling-is-out-n2177751
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