Breitbart Business Digest: Biden’s Inflation Misstep Was a Warning Sign All Along

by John Carney
Breitbart.com

Biden’s Inflation Crisis Was a Competency Crisis

Joe Biden’s presidency has always had a whiff of improvisation, a tendency to sidestep reality for the sake of convenience. But rarely was this more evident than in July 2021, when he assured the nation that “no serious economist” was worried about inflation spiraling out of control. It was a statement as false as it was revealing, encapsulating the administration’s mix of arrogance, economic mismanagement, and wishful thinking.

In hindsight, this moment offers more than a clue to Biden’s broader failures—it serves as Exhibit A in the case that his presidency was, at its core, marked by incompetence and denial.

Biden’s dismissal of inflation concerns wasn’t just a verbal misstep. It was a bizarre signal that Biden wasn’t in touch with the policy discussion going on across the country.

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