CNN’s Harwood Defends Biden, Insists Inflation Pain Is a GOP ‘Charade’

JARRETT John you say ░░░░░░░░ Washington isn t really ░░░░░░░░ an honest conversation about ░░░░░░░░ In your new piece ░░░░░░░░ say it s largely ░░░░░░░░ charade But sometimes charades ░░░░░░░░ As that new CNN ░░░░░░░░ shows 77 of people ░░░░░░░░ the economy is doing ░░░░░░░░ even if overall families ░░░░░░░░ actually spending roughly the ░░░░░░░░ and doing okay What ░░░░░░░░ that tell you HARWOOD ░░░░░░░░ you are exactly right ░░░░░░░░ do work This one ░░░░░░░░ working very well That ░░░░░░░░ what the polling shows ░░░░░░░░ I think you have ░░░░░░░░ step back a little ░░░░░░░░ and think about the ░░░░░░░░ of the conversation Republicans ░░░░░░░░ as if the inflation ░░░░░░░░ was all created by ░░░░░░░░ Biden Inflation is surging ░░░░░░░░ the world somewhat higher ░░░░░░░░ and Biden s policies ░░░░░░░░ have contributed to that ░░░░░░░░ American Rescue Plan was ░░░░░░░░ too big But that ░░░░░░░░ not the principle cause ░░░░░░░░ why we have inflation ░░░░░░░░ of us in the ░░░░░░░░ act as if it ░░░░░░░░ Joe Biden s problem ░░░░░░░░ solve every day What ░░░░░░░░ you going to do ░░░░░░░░ inflation It s not ░░░░░░░░ Biden s problem to ░░░░░░░░ It s the Federal ░░░░░░░░ s problem to solve ░░░░░░░░ that recession question we ░░░░░░░░ just talking a minute ░░░░░░░░ depends on how skillfully ░░░░░░░░ can tamp down inflation ░░░░░░░░ raising interest rates And ░░░░░░░░ Joe Biden acts as ░░░░░░░░ under pressure from all ░░░░░░░░ these questions that greedy ░░░░░░░░ or gouging oil companies ░░░░░░░░ the reason No that ░░░░░░░░ not the reason either ░░░░░░░░ are always greedy Companies ░░░░░░░░ always profit minded It ░░░░░░░░ happens that the market ░░░░░░░░ of supply and demand ░░░░░░░░ now are aligned in ░░░░░░░░ a way that inflation ░░░░░░░░ a result of it ░░░░░░░░ chain problems very strong ░░░░░░░░ demand Why is consumer ░░░░░░░░ so strong Because the ░░░░░░░░ S government under both ░░░░░░░░ and Biden put a ░░░░░░░░ of money in people ░░░░░░░░ bank accounts That is ░░░░░░░░ the blow of inflation ░░░░░░░░ people aren t focused ░░░░░░░░ that part They re ░░░░░░░░ focused on what they ░░░░░░░░ at the gas pump ░░░░░░░░ Yeah there s also ░░░░░░░░ too tiered angle of ░░░░░░░░ I mean you look ░░░░░░░░ most households median income ░░░░░░░░ higher households are in ░░░░░░░░ much better position they ░░░░░░░░ today than they were ░░░░░░░░ the Great Recession but ░░░░░░░░ income households aren t ░░░░░░░░ think the White House ░░░░░░░░ struggled to try to ░░░░░░░░ through with how some ░░░░░░░░ Biden s policies could ░░░░░░░░ those lower income Americans ░░░░░░░░ expanding child tax credits ░░░░░░░░ other things HARWOOD I ░░░░░░░░ not sure it s ░░░░░░░░ for in this environment ░░░░░░░░ a politician to break ░░░░░░░░ There are some times ░░░░░░░░ the political weather is ░░░░░░░░ terrible and you could ░░░░░░░░ you can try to ░░░░░░░░ a little bit you ░░░░░░░░ in Joe Biden s ░░░░░░░░ pointing to the things ░░░░░░░░ are strong that unemployment ░░░░░░░░ very low that growth ░░░░░░░░ been pretty healthy but ░░░░░░░░ is very tough when ░░░░░░░░ are in a mood ░░░░░░░░ sour as this one ░░░░░░░░ convince them that they ░░░░░░░░ to be thankful for ░░░░░░░░ of the things that ░░░░░░░░ have done.”