Senator Kennedy discussed the real the state of the economy during a Fox News interview where he described the economy is nothing like what the Biden administration is touting or what their stooges in the main stream media are pushing.
With his poignant Louisiana-style wit, Kennedy proclaimed, “I’m also sorry that the American people are going through Bidenomics. Bidenomics is pretty simple, it’s just bigger government, more spending, and the higher prices. I’ve said this before, at least in Louisiana, inflation is gutting my people like a fish. My people are gettin’ really good at barely gettin’ by, and in America, you shouldn’t have to take an early distribution from your retirement account or sell blood plasma in order to go to the grocery store.”
“And President Biden is out there saying prices are high and your 401k is crashing because the economy is so good,” he continued. “He just doesn’t get it, and that’s why he’s polling up there … I don’t know, with a fungal infection.”
During the interview with Kennedy, Fox News host Harris Faulkner added, “We know that the administration loves to say that inflation is trending downward, we know year over year from July of 2022 to July of this year, the inflation again, 3.2 percent after breaking it, at peaking at 9.1 percent in June of last year. So we’re still now paying those prices plus three percent more. Everything is higher. It just keeps getting higher. But when you look at the numbers, inflation, since Biden took office, the numbers are staggering…”
According to analysis from Moody’s, their chief economist stated that American households continue to spend more each month on the same goods and services they normally buy. In July, American households spent more than $200 for those same products and $709 more than two years ago. That is the major argument against Bidenomics and its consequences.
“If there’s any good news, the rate of inflation has been falling. Now, what does that mean? That just means prices are still going up, but they’re not going up as quickly as they were,” Senator Kennedy added. “I hate to say it, but these high prices, they are permanent. Even if inflation goes to zero tomorrow, we’re still going to be stuck with these higher prices, which are directly a result of President Biden’s economic policy.”
“Do the people around the White House get it? I think some get it, but they can’t defend it. Others just feel like their favorite form of spending, which is causing this inflation, is more. And they don’t get it. But either way, this inflation is a cancer on the American dream,” Kennedy said.
“And I will tell you, I know President Biden wants to change the subject and the election to President Trump and his indictments. But if you ask me to single out one thing that is causing President Biden, as I said, to be about as popular as robocalls, it’s his inflation. And in the meantime, all we get out of Washington is more indictments of President Trump and all the sleaze surrounding Hunter Biden and David Weiss. No wonder the American people have started to hate government.”