The DOW plunged 876 points today as record-high inflation continues to destroy consumer confidence and wreck the economy.
Mainstream media publications such as Politico and the New York Times have assured us that the economy is doing great and that consumers have no valid reason to be concerned about the state of the economy.
This comes as many Americans are using food banks for the first time to get by as the cost of basic household items skyrockets.
Cal, a Washington food bank CEO, says “our warehouse has never been this low.”
“We’re seeing families that have never used a food bank before come ask for help.” pic.twitter.com/bYgaorkDew
— RNC Research (@RNCResearch) June 13, 2022
Today, FOX News reporter Peter Doocy challenged Biden’s new Press Secretary, Karine-Jean-Pierre about the economy.
Pierre couldn’t offer any answer for when we will be out of the crisis that the President plunged us in to and simply said that Biden is aware of American’s concerns.
She then predictably fell back on blaming the abysmal state of the economy on Putin.
The Gateway Pundit Reports–
DOOCY TIME: "President Biden once bragged about the stock market hitting record after record after record on my watch. How about now?"
KJP: "Meaning the stock market –"
Doocy: "All the gains from President Biden's time in office have been wiped out." pic.twitter.com/zmSIlSgK2e
— Curtis Houck (@CurtisHouck) June 13, 2022
On Monday the Dow plunged over 600 points at the start of trading.
This evening the DOW closed at 30,516. The DOW was down 876 points on the day.
Fox News reporter Peter Doocy asked White House Press Secretary Karine Jean-Pierre about Biden’s previous claims the stock market hit record after record on his watch.
“President Biden once bragged about the stock market hitting record after record after record on my watch. How about now?” Peter Doocy asked Jean-Pierre on Monday,
Karine Jean-Pierre replied, “Meaning the stock market -“
“All the gains from President Biden’s time in office have been wiped out,” Doocy said.
Karine Jean-Pierre echoed meaningless talking points: “We are watching closely and we know families are concerned about inflation and the stock market – that is something that the president is really aware of.”