“I’m Surprised At How Negative Things Are”; CNBC Panelist Admits Harsh Reality About Biden’s Economy [WATCH]

On Thursday, CNBC’s Steve Liesman was stunned after seeing the “worst” economic polling numbers he’s seen in 13 years.



Let’s Go Brandon!

“I’m surprised at how negative things are,” he began.

“And honestly Andrew, we sit here in this bubble that we’re in of the stock market. We see that the stock market is up, and it’s high and it’s doing okay, but Americans are clearly hurting by this inflation and by supply shortages. And that has turned their views sharply negative. I expected to see negative numbers, but I didn’t expect to see some of the worst polling numbers that we’ve registered in the 13 years that we’ve been doing this every quarter,” he added.

Watch below:

Earlier this week, one of Biden’s biggest fans was even forced to admit the truth. CNBC’s Jim Cramer had to swallow his pride and tell his audience that inflation is “much worse than we thought”.

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“Let’s talk about the questions that investors are wondering. If you’re worried about inflation, this is a huge issue,” the CNBC host asked Cramer.

“Yeah, I mean look, I think Paul Jones as always is right about inflation. It’s much worse than we thought. I keep hoping the capacity will come on and make it so that it’s not as bad, but it can’t seem to come on fast enough,” replied Cramer.

Watch below:

All of the key inflation indicators show that Joe Biden’s rising prices keep squeezing Americans’ wallets.

According to new data from the Commerce Department, the Personal Consumption Expenditures Price Index – a key measure of inflation – spiked by 4.3% in August from a year ago. The core rate – which excludes food and energy – rose 3.6% over the past 12 months.

That’s 6 straight months of rapid inflation, the highest 12 month increase since 1991, and the fastest increase in core inflation in 30 YEARS.

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