Fox News correspondent Peter Doocy absolutely hates when good news arrives for President Joe Biden and the administration, as proved today when he whined that the president had been “bragging” on falling gas prices earlier in the day.
That led Doocy to ask White House Press Secretary Karine Jean-Pierre:
The press secretary responded:
The Fox reporter continued to press:
Still trying to provoke Jean-Pierre, Doocy asked:
That’s when Jean-Pierre shut down Doocy with facts:
She then added:
“To say that the changes, the drop that we have seen at the pump per gallon does not matter, I think that is wrong. I think that is not true and I think that does give a little bit of space and breathing room for families and is important.”
Even though she’s supposed be an “expert” on economics and finance, Fox host Maria Bartiromo got caught blatantly lying about the cause of inflation Sunday morning and called out by Rep. Ro Khanna (D-CA).
Khanna was a guest on “Sunday Morning Futures,” and Bartiromo claimed that President Joe Biden’s COVID-19 relief package “was the beginning of inflation getting stoked.”
The congressman told Bartiromo:
Bartiromo interrupted to interject:
“Just to be clear, I’m looking specifically at the numbers and when we look at the inflation timeline, which was the handover from President Trump to President Biden. … By the time that we got to July of 2021, inflation was at 5.5%. Then the Democrats led the infrastructure package. That was signed into law November 21 and inflation was up to 6.8%. By March of 2022, right after the invasion by Russia, inflation was at 7.9% and today we are 8.6%
“So we’re up to 9.1%, Congressman, with all of this spending.”
Once more, Khanna countered expertly:
“But, Maria, you know correlation and causation are different. You can’t say that Trump sending stimulus checks in December of 2020 was not inflationary and somehow Biden doing in March was inflationary.
“What happened is we got out of Covid. And that increased demand and the supply was constrained and the Fed policy was wrong.”
Bartiromo also neglected to mention that the U.S. economy was in a jobless recession when Trump left office, as Fortune reported in January of 2021:
That means that Trump will become the first post–World War II president to see employment fall during his presidency. It last occurred when Herbert Hoover left office in 1933 amid the early years of the Great Depression.
Trump bungled the U.S. response to COVID-19, and that caused massive economic disruption, part of which we are experiencing even now.
Nice try, Maria, but you’re just as full of crap as Trump himself, who continues to lie about the economy doing better with him as president than ever in U.S. history. It didn’t, and he will always be a one-term, twice-impeached loser.
Some of the MAGA faithful thought they’d found the perfect way to make money while also indulging their bizarre need to insult President Joe Biden with their childish “Let’s go Brandon” chant, which is actually just a publicly acceptable substitute for “F*ck Joe Biden.”
Of course, thanks to the First Amendment that right-wingers love to attack by banning books from schools and libraries, they already had the right to say almost anything they want about any public figure, including telling the president to go f*ck himself.
So it must have sounded like a Trumppublican dream come true when someone created a cryptocurrency and tagged it “LGB” to represent their favorite childish attack on the man who beat the brakes off their beloved Donnie Dotard, a.k.a. the twice-impeached one-term former president.
Their crypto coin dreams, however, have gone up in smoke, like nearly everything that carries the name of their tangerine god, according to Zachary Petrizzo of The Daily Beast:
So much so that the value of all 330 trillion coins totals just a few thousand dollars combined, according to the trading sites CoinMarketCap and Crypto, a far cry from the days of pro-Trump investors believing they could strike it rich in the ever-complex world of crypto.
That represents a 99.5 percent decline over the last 30 days, leaving a singular LGB coin effectively worthless.
99.5% decline in a mere 30 days. Hell, even Trump University lasted longer than that.
What happened? Simple: The creators of the LGB coin tried to tap into a thin vein of hatred that was certain to grow cold in short order:
When the coin was first released in January of this year, it had what’s known as a “liquidity pool” value of $6.5 million, which isn’t too shabby for a new cryptocurrency that came out of nowhere.
Many investors are (as you’d expect) crestfallen, with one noting their 73 million coins now had a total value of $1.66, which isn’t enough to purchase so much as a swizzle stick at Starbucks.
But despite the collapse of LGB coin, the geniuses behind the failed idea tried to buck up their investors, sending out a tweet that read:
Sounds like it’s time to rename “Lets go Brandon” coin to “Let’s go broke.”