Obama’s Top Advisers Send Biden Spinning – They Claim Joe’s “Original Sin” The Rescue Plan Caused Mass Inflation

President Joe Biden’s approval ratings keep falling, and many claim it’s largely due to inflation and the ailing supply chain. Americans are looking at a more expensive holiday season and winter.

As a result, they’re placing blame at the President’s feet, as many believe his administration is solely responsible for the soaring gas prices. Overall inflation isn’t looking pretty, either.

Former President Barack Obama’s top economic advisers agree, and one recently blasted Biden for his $1.9 trillion plan.

Biden has billed his “Build Back Better” idea as one that will improve the foundation of the country. It will supposedly boost infrastructure and overall productivity, and most Democrats back it.

However, at least one of Obama’s advisers think “Build Back Better” is actually an “original sin.”

They say the current President hasn’t listened to complaints and concerns from economic experts, and that’s why America now faces the highest inflation rate in over 30 years.

These experts also say Biden hasn’t revealed the true cost of his spending plan. This is a complaint we’ve heard before, most notably from Republican leaders who say $1.9T isn’t accurate.

And those who aided Biden’s former boss aren’t pulling any punches.

Via Fox News:

Steven Rattner, who served as counselor to the Treasury secretary in the Obama administration, issued a scathing op-ed Tuesday saying Biden’s $1.9 trillion American Rescue Plan, passed in March, was the ‘original sin’ that contributed materially to today’s inflation, which hit the highest annual rate since November 1990, according to the Labor Department.

In the op-ed, Rattner wanted to know how the administration could’ve “gotten this critical issue so wrong.”

He added that they were warned several times about the impact such spending would have on inflation. And he demanded Biden “come clean” about the true impact this spending has had on the nation.

Ironically, Rattner donated to Biden’s presidential campaign. But now he’s worried.

According to previous estimates, the “Build Back Better” plan will add $800 billion to the country’s deficit in just five years. Toss in the rapidly rising cost of living, and America is demanding answers.

Former Treasury Secretary Larry Summers, who also worked during Obama’s tenure, piled on.

He said his predictions about stimulus spending causing mass inflation “have come true.” And in terms of a future estimate:

I think it’s almost certain to last for another six to nine months, and it could well last longer.

Summers also donated to Biden’s campaign, and gave another $50,000 to Biden’s joint fundraising committee with the Democratic National Committee.

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But he too isn’t letting the President slide here. He and Rattner have very serious concerns about Biden’s plan, and given their expertise in the field, citizens are definitely listening.

At the same time, the White House wants to dismiss “over-exaggerated” claims concerning inflation, which doesn’t appear to be helping their cause.

All this likely contributes to Biden’s tumbling job performance numbers.

And if the inflation rate continues, expect more experts and citizens to push back against more spending.

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