MSNBC, CNN, NBC, and ABC offer cost-cutting tips as Democrats panic
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As prices continue to rise, affecting Americans across the country, a number of media networks have provided anti-inflation tips and have also attempted to create a positive spin in the economy.
Meanwhile, the White House and Democrats are desperate to find ways to help cut unnecessary costs and get a hold of their parties’ messaging in an effort to avoid dangerous political fallout in the midterm elections.
According to Politico, a number of progressives, some within the administration itself, have expressed concern that blanket messages from the media and Biden about inflation may actually work against them.
Federal Reserve Chairman Jerome Powell, along with Biden, has put forward a plan to curb price hikes, which would see central banks raise interest rates. Some economists have argued that this plan may lead to a recession in the future. But Powell and many economists working within the administration are intent on quickly reversing inflation, as the numbers continue to look poorly.
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The June CPI, which will be released on Wednesday, is expected to show headline inflation, rising above the 8.6% level in May.
As the administration doubles down on its position that inflation is the top concern, a sentiment shared by the majority of potential voters, the liberal media has repeatedly tried to put a positive spin on the economy, offering various tips to consumers that can help reduce their costs.
One such piece of advice came from Michelle Singletary of The Washington Post during a recent MSNBC appearance. She pointed out that many Americans really need to reduce worry about inflation.
“There are a great deal of Americans where it is inconvenient that they are spending more, but they will not,” Singletary told Chris Jansing.
She added that Americans really need to “calm down” and “retreat”, because their “fear” of inflation will trigger measures that will exacerbate negative economic conditions.
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“Stop looking at your wallet, and you know what you can do with all that energy? Help others. Help put some food on someone else’s table, because you have more,” she said.
On Friday’s session of “Hallie Jackson Reports” on MSNBC, Stephanie Ruhli briefly attended the show to discuss the June jobs report, which saw the creation of 372,000 jobs. Ruhli, who has promoted the numbers, noted that “business is hiring, hiring, hiring,” but lamented that most media outlets are missing out on this “good news” in favor of focusing on inflation.
“Well, the fact that that’s good news, isn’t it? It’s easy to say, look at gas prices, they’re very high. But guess what? Look closely at gas prices,” Ruhli said.
“That’s right,” Jackson replied. “I was going to ask you.”
“Gas prices are already going down,” Ruhli added. And I simply say, ‘What is management doing? This is a big problem! You have to remember, when you look at the economy, all of this was caused by COVID.”
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Just two days ago, Ruhli spoke again about inflation during a discussion with former Minnesota Democratic Senator Al Franken, comparing the US inflation rate to Hungary’s, and noting that the US is not unique in its economic problems. The United States has one of the highest inflation rates of any first world country.
But Ruhli complained that the average citizen does not compare his economic situation with that of Hungary or another European country.
“They don’t think about the cost of eggs in Hungary. Just like they don’t think about it on the gas pump. So, you have the facts on your side, but people vote based on how they feel and so that has to be addressed.”
CNN focused on inflation when its guest, Kay Risdale, complained that the economy was “too good,” which is why prices are soaring.
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“You don’t want to see 390,000 new jobs, because that increases wage pressure, and wage pressure helps drive inflation, and that directly targets what Powell and the Fed are trying to do — which is calming this economy quite a bit,” Risdale said.
“Sometimes good news can be very good news, I think is what you say,” replied John King, who Risdale agreed.
On NBC’s “Today” program in November, reporter Vicki Nguyen admitted that her plan to cut costs over the Thanksgiving holiday could be controversial.
“Maybe they gave up on the turkey,” she said. “Bear with me. I know it’s a staple in the Thanksgiving meal. However, some people think turkey is overrated. It tends to be the most expensive thing on the table. Maybe you make an Italian feast instead.”
Nguyen added that if you tell guests you’re eliminating turkey, “some guests may leave the menu, and that’s a way to cut costs as well.”
ABC’s “The View” suggested last month that inflation would be more manageable if people were paid for their “value” and “worth”. Then Joy Behar came up with the idea of a minimum wage of $26 in the US
“At least,” host Sunny Houston shared.
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Back in February, ABC aired a “Good Morning America” package discussing different ways to relieve stress from rising household energy costs. One of the ideas that this sector has pushed has been to install a smart thermostat system in their homes. This segment claimed that the initial cost would be negated by future savings on monthly energy.
According to Sperr’s Fuel and Heating, the average smart thermostat costs between $200 and $300, not including installation, which is only about $400.