Senate Democrats are on their heels heading into the 2024 election.
They’re going to have to face the music for Joe Biden’s failures.
And even John Fetterman couldn’t believe his ears when this Democrat made up one colossal lie about “Bidenomics.”
Vulnerable Democrat Senator lying about inflation he helped create
Pennsylvania is shaping up to be one of the most important battleground states in November’s Presidential election.
It’s also home to a Senate race in which a vulnerable Democrat is attempting to win re-election.
Since his first Senate run, Senator Bob Casey (D-PA) has been fortunate in that he’s only been on the ballot in years in which the political landscape heavily favored Democrats, such as 2006, 2012, and 2018.
But 2024 has turned out to be a whole new can of worms for Casey and Democrats in general.
Now, Casey is on the defensive because he has been a consistent, reliable, down-the-line vote for President Joe Biden’s entire socialist agenda.
Inflation is the top issue this election cycle with voters suffering from the high cost of living.
Prices are up more than 20% since Biden took office in January 2021.
Rather than admitting that the reckless spending and disastrous “Bidenomics” agenda he voted for is to blame for the cost of living crisis working-class Americans now face, Casey has decided to point the finger at “greedy corporations.”
He blamed Walmart, Target, and Amazon for so-called “greedflation,” which he claimed is the real reason Pennsylvania families are being forced to pay higher prices.
This year alone, Casey’s campaign has spent more than $7 million on TV ads that focus on inflation.
His theory is that inflation simply doesn’t exist and is being completely driven by greedy corporations jacking up prices.
“Given the slowdown in the price of goods since at least late summer of 2023, Americans should have been seeing decreases in prices for many products for over a year, not just now,” Casey stated. “This reaffirms that the price increases that consumers have been confronted with have not been inflationary increases, but instead, greedflation-related increases.”
Of course, while corporations are certainly not guiltless in many of the issues Americans face today – Walmart employees, for example, cost U.S. taxpayers over $6 billion in annual public assistance, like food stamps and Medicaid, despite the company generating roughly $5 billion in profit every three months – Casey’s claims don’t hold up to scrutiny.
Even the Federal Reserve debunked Democrats’ “greedflation” myth
In a new study, the Federal Reserve Bank of San Francisco pinned the blame for inflation on “the combined effect of supply chain disruptions and a drop in labor supply during the post-pandemic recovery that occurred just as consumer demand rose.”
The study ruled greedy corporations as a culprit in rising prices.
“Data for the current recovery show that the increase in corporate profits is not particularly pronounced compared with previous recoveries,” the study stated. “Markups also have not played much of a role in the slowing of inflation since the summer of 2022.”
Corporations are an easy scapegoat for Casey – rather than taking ownership for his role in creating the current cost of living crisis, Democrats like him can merely blame a nameless, faceless boogeyman entity without ever having to do anything to actually solve the real issue at hand.
Prominent Democrats, like former Clinton Treasury Secretary Larry Summers, have fully admitted that inflation took off after Democrats’ $2 trillion “American Rescue Plan” passed in 2021.
Summers called the American Rescue Plan, which Casey voted for, the “least responsible” economic policy of the last 40 years.
Bob Casey is trying to pass the buck on his role in creating the worst inflation crisis in the last four decades.
