Ramesh Ponnuru: Biden Admin. Has Consistently Played the Politics of the Economy Badly

‘If most people’s paycheck is going, you know, is not going as far as it used to, and that is true’

EXCERPT:

PONNURU: "Yeah, people don't wait to hear from the media or the NBER whether they're in a recession. If most people's paycheck is going, you know, is not going as far as it used to, and that is true, they're going to think this is a recession, they're going to think this is a bad economy, and they're going to hold the party in power accountable. This administration, I think, has consistently played the politics of the economy badly, first in denying that inflation was going to happen, denying it was going to stick around, and now getting into this absurd definitional argument about whether we're in a recession or not. I think that that is going to actually slightly compound the problem by making them also look out of touch." 

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