Biden’s Inflation Battle Gets Tougher

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Bloomberg’s Mario Parker discusses the US CPI data and why President Biden announced his prediction that the Federal Reserve will cut rates, knowing the Biden Administration has insisted on not weighing in on Fed policy. Bloomberg’s Julie Fine and Mario also discuss the Southern Border and President Biden saying he may be able to close it on his own, and why the President has waited until now to possibly act on the border issue. Both Mario and Julie speak with Kailey Leinz and Joe Matheiu on Bloomberg’s “Balance of Power.”

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21 COMMENTS

  1. Biden came into office and put into place over 100 Executive orders over a few months, too include opening the boarder. Now, you say that he isn't sure if he can close it with another executive order. So, he was empowered enough to open it, but confused now if he can close it. Smells like Bull Crap to me. He doesn't want to close it. It's his voters drive and replacement plan for two demographics (black and hispanic voters). That is why the are flooding immigrants into poverty stricken blue cities. Using funds they had planned for the low income citizens, but now using the funds to support illegal immigration. Sad!! Just tell the truth. Biden is an Epic Fail!!

  2. JOE. BIDEN. IS. A. LIAR! He said infaltion was 'skyrocketing' when he took over and that is a LIE! Inflation under Trump was 1.4%! Since Joe Biden became president: Food up 33.7% *Energy up 32.8%. Shelter up 18.7%. Rent up 22%. Electricity up 27.1%. (Source: U.S. Bureau of Labor Statistics) Not to mention the many serious problems with a wide open border, including serious immigrant gang crime, and 70,000 fentanyl teen/young adult deaths just last year alone!

  3. I can't afford to live'
    “I make over three times the federal minimum wage and I cannot afford to live,” he shouts into the camera. “It is embarrassing to come out and say that it is a struggle to survive right now but I know so many people are struggling.” Later, he concludes: “The American Dream is dead

  4. He has a legal authority to sign an executive order to close the border. Dumb and dumber Joe does not have the authority to provide student loan forgiveness but he doesn’t care he said he’s gonna do it anyway. He is off his rocker.And he is clueless and brainless. Get your act together Joe pack your bags cause you’re gone.

  5. Biden is not fighting inflation. He is stoking inflation with his student debt transfer to tax payers, aka forgiveness. Don't use my tax payer money to forgive anything

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