CNN’s John Harwood is flamboyant to play down the effects of inflation on American families: ‘Literally unbelievable’

CNN White House correspondent John Harwood came under fire from critics over the weekend for underestimating his effects economic inflation American families should claim they weren’t “crushed” badly enough to stop them spending the money.

In the Washington debate, inflation ‘crushes’ families[.] [I]In real life, pandemic relief has eased the pain,” the liberal journalist wrote in a tweet Sunday, linking to an article he wrote titled “Why Washington Can’t Have an Honest Debate on Inflation.”

Corona Virus Relief packages in 2020 and 2021.

He added, before citing economist Mark Zandi who, according to Harwood, “have not been ‘crushed’ enough to prevent them from spending at a steady pace.” “

CNN White House correspondent John Harwood has come under fire for a May 22, 2022 tweet that underestimated the effects of inflation on American families.
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Although he later claimed that the White House didn’t have much power when it came to being able to bring down commodity prices, and called the inflation debate “largely false,” he conceded that presidential policies have the power to make inflation worse. .

pointed to $1.9 trillion US bailoutwhich was signed into law by President Biden not long after taking office, as economists agreed that it “exacerbated inflation somewhat by increasing consumer demand,” and because of that, Republicans had a “point” in their criticism of the administration’s role in increasing economic inflation.

CNN White House correspondent John Harwood claimed that the political talk about inflation was “largely charade”.
(Getty Images)

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Critics took to social media to blow up Harwood, with some arguing that it “humiliates struggling families”, while others argued that he was living in a “bubble” and out of contact with ordinary Americans.

FOX Business host wrote: ‘This is what a ‘little tweet’ looks like Charles Paynewhile Dan McLaughlin of the National Review asked, “Have you talked to a human lately?”

Scott Walker, the former Republican governor of Wisconsin, wrote that “the only thing worse than living in a bubble is living in a bubble and justifying their ignorance of real life by referring to ‘experts’ who live in a bubble.”

NewsBusters managing editor Curtis Hawke wrote, while journalist Scott Bertrum tweeted, “Stop being a hack and an insult to struggling families,” while journalist Scott Bertrum tweeted, “This is absolutely unbelievable. As in, no conscious person would believe it.” “

Journalist Stephen Miller tweeted a screenshot of a separate tweet from CNBC on Saturday showing its reports That American families actually had $9,000 less savings than they did last year, despite Harwood’s claim that it was savings that were preventing inflation from hurting families.

Writer Kelly Maher tweeted, while journalist Ian Miles Cheung joked, “That’s a banana. Actually it’s not, because people can’t afford it anymore. Just ask anyone who has to buy groceries,” while journalist Ian Miles Cheung joked: He-he ?”

Writer Kelly Maher criticized CNN’s John Harwood in a tweet dated May 22, 2022 after a liberal reporter downplayed the effects of inflation on American families.

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Inflation reached 8.3% in April and continues to hover near a 40-year high.

to me New Census Bureau SurveyFrom April 27 to May 9, more than a third of households reported difficulties paying bills.

Fox Business’s Megan Heaney contributed to this report.