{"id":1026725,"date":"2021-11-18T08:58:38","date_gmt":"2021-11-18T13:58:38","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1026725"},"modified":"2021-11-18T08:58:40","modified_gmt":"2021-11-18T13:58:40","slug":"new-york-times-contributor-sarah-jeong-inflation-hysteria-driven-by-rich-people-flipping-their-s","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-york-times-contributor-sarah-jeong-inflation-hysteria-driven-by-rich-people-flipping-their-s\/","title":{"rendered":"New York Times Contributor Sarah Jeong: Inflation Hysteria &#039;Driven by Rich People Flipping Their S***&#039;"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnew-york-times-contributor-sarah-jeong-inflation-hysteria-driven-by-rich-people-flipping-their-s%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1026725&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/11\/GettyImages-823557624.jpg\" class=\"ff-og-image-inserted\" \/><\/div>\n<p class=\"subheading\"><em>New York Times<\/em> contributor Sarah Jeong, already famous for her past <a href=\"https:\/\/www.breitbart.com\/tech\/2018\/08\/16\/twitter-verifies-new-york-times-bigot-sarah-jeong-despite-racist-tweets\/\">racist tweets<\/a>, is now pushing the far-left talking point about how inflation under President Joe Biden is a rich people problem.<\/p>\n<p>In a tweet on Wednesday, the former <em>NYT<\/em> editorial board member, who openly <a href=\"https:\/\/twitter.com\/sarahjeong\/status\/492434240827822081?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E492434240827822081%7Ctwgr%5E%7Ctwcon%5Es1_c10&amp;ref_url=https%3A%2F%2Fwww.breitbart.com%2Ftech%2F2018%2F08%2F16%2Ftwitter-verifies-new-york-times-bigot-sarah-jeong-despite-racist-tweets%2F\">despises white people<\/a>, said hysterics over inflation is largely driven by uppity rich people.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p class=\"speakable\">\u201cAll the stuff you see about inflation in the news is driven by rich people flipping their shit because their parasitic assets aren\u2019t doing as well as they\u2019d like and they\u2019re scared that unemployment benefits + stimmy checks + 15 minimum wage + labor shortage is why,\u201d she tweeted.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"9.4769230769231\">\n<p lang=\"en\" dir=\"ltr\">all the stuff you see about inflation in the news is driven by rich people flipping their shit because their parasitic assets aren\u2019t doing as well as they\u2019d like and they\u2019re scared that unemployment benefits + stimmy checks + 15 minimum wage + labor shortage is why  ~jmt~<\/p>\n<p>\u2014 sarah jeong (@sarahjeong) <a href=\"https:\/\/twitter.com\/sarahjeong\/status\/1461026428871340038?ref_src=twsrc%5Etfw\">November 17, 2021<\/a><\/p>\n<\/blockquote>\n<p class=\"speakable\">Sarah Jeong\u2019s take echoes that of MSNBC\u2019s Stephanie Ruhle, <a href=\"https:\/\/www.breitbart.com\/clips\/2021\/11\/14\/msnbcs-stephanie-ruhle-dirty-little-secret-about-inflation-is-people-can-afford-it\/\">who argued<\/a> this past Sunday inflation will cause no major issues because people have enough money to spend.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<blockquote readability=\"18\">\n<p>The dirty little secret here, while nobody likes to pay more, on average we have the money to do so. Household savings hit a record high over the pandemic. We didn\u2019t really have anywhere to go out and spend. And as we said a moment ago, we\u2019re expecting retail sales this holiday season to break records. For those who own their homes, the value of our homes are up. While the stock market isn\u2019t the economy, you have over half of American households with some investment in the markets and they hit market highs.\u201d<\/p>\n<p>So we need to put all of this in perspective. This time last year when you and I were talking nobody had a vaccine. Now 200 million Americans do, and we\u2019re seeing this push of demand and that\u2019s pushing up pricing.<\/p>\n<\/blockquote>\n<p>Jeong\u2019s tweet did not go unnoticed, as several conservative commentators explained to her about inflation\u2019s incredible impact on poor and working-class Americans.<\/p>\n<p>\u201cThis Tweet is a failure to comprehend basic economics,\u201d Outkick founder Clay Travis said. \u201cRich people are far less impacted by inflation than poor people because rich people spend a comparatively smaller amount of their income on products. Inflation is a massive default tax on the poor.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"8.7654320987654\">\n<p lang=\"en\" dir=\"ltr\">This Tweet is a failure to comprehend basic economics. Rich people are far less impacted by inflation than poor people because rich people spend a comparatively smaller amount of their income on products. Inflation is a massive default tax on the poor. <a href=\"https:\/\/t.co\/ax0OL3k9lf\">https:\/\/t.co\/ax0OL3k9lf<\/a><\/p>\n<p>\u2014 Clay Travis (@ClayTravis) <a href=\"https:\/\/twitter.com\/ClayTravis\/status\/1461065353937752072?ref_src=twsrc%5Etfw\">November 17, 2021<\/a><\/p>\n<\/blockquote>\n<p>\u201cYou could check just about *any* asset class and know this makes absolutely no sense-assets have been inflated to record levels by Fed $ printing and govt stimulus. Here\u2019s the S&amp;P 500, for example. Inflation is a tax that impacts the middle class and poor the most,\u201d responded Carol Roth.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"9.910290237467\">\n<p lang=\"en\" dir=\"ltr\">You could check just about *any* asset class and know this makes absolutely no sense-assets have been inflated to record levels by Fed $ printing and govt stimulus. Here&#8217;s the S&amp;P 500, for example. Inflation is a tax that impacts the middle class and poor the most. Facts &gt; feels. <a href=\"https:\/\/t.co\/x4HkfNIWNF\">https:\/\/t.co\/x4HkfNIWNF<\/a> <a href=\"https:\/\/t.co\/iUb1fdF2XN\">pic.twitter.com\/iUb1fdF2XN<\/a><\/p>\n<p>\u2014 Carol Roth (@caroljsroth) <a href=\"https:\/\/twitter.com\/caroljsroth\/status\/1461066228961787911?ref_src=twsrc%5Etfw\">November 17, 2021<\/a><\/p>\n<\/blockquote>\n<figure id=\"M-ROS-B3\" class=\"a8d adSo\"><\/figure>\n<p>Jeong did not back down after the initial backlash.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"9.1282051282051\">\n<p lang=\"en\" dir=\"ltr\">very spooky scary to think of the moment the poors realize inflation favors debtors and that that\u2019s what the hubbub is about, and not milk prices<\/p>\n<p>\u2014 sarah jeong (@sarahjeong) <a href=\"https:\/\/twitter.com\/sarahjeong\/status\/1461072038399905792?ref_src=twsrc%5Etfw\">November 17, 2021<\/a><\/p>\n<\/blockquote>\n<p>Conservatives came to know Sarah Jeong in 2018 when they unearthed several past tweets in which she denigrated white people. Twitter verified her with a blue checkmark and never demanded she delete her inarguably racist comments, which still remain on the platform.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"8.0129032258065\">\n<p lang=\"en\" dir=\"ltr\">Dumbass fucking white people marking up the internet with their opinions like dogs pissing on fire hydrants<\/p>\n<p>\u2014 sarah jeong (@sarahjeong) <a href=\"https:\/\/twitter.com\/sarahjeong\/status\/538553252514525184?ref_src=twsrc%5Etfw\">November 29, 2014<\/a><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"9.0957446808511\">\n<p lang=\"en\" dir=\"ltr\">Are white people genetically predisposed to burn faster in the sun, thus logically being only fit to live underground like groveling goblins<\/p>\n<p>\u2014 sarah jeong (@sarahjeong) <a href=\"https:\/\/twitter.com\/sarahjeong\/status\/547578218078019584?ref_src=twsrc%5Etfw\">December 24, 2014<\/a><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"7.1544715447154\">\n<p lang=\"en\" dir=\"ltr\">oh man it&#8217;s kind of sick how much joy I get out of being cruel to old white men<\/p>\n<p>\u2014 sarah jeong (@sarahjeong) <a href=\"https:\/\/twitter.com\/sarahjeong\/status\/492434240827822081?ref_src=twsrc%5Etfw\">July 24, 2014<\/a><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"2.8181818181818\">\n<p lang=\"und\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/CancelWhitePeople?src=hash&amp;ref_src=twsrc%5Etfw\">#CancelWhitePeople<\/a><\/p>\n<p>\u2014 sarah jeong (@sarahjeong) <a href=\"https:\/\/twitter.com\/sarahjeong\/status\/534826243389423617?ref_src=twsrc%5Etfw\">November 18, 2014<\/a><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>New York Times contributor Sarah Jeong, already famous for her past racist tweets, is now pushing the far-left talking point about how inflation under President Joe Biden is a rich &#8230;<\/p>\n","protected":false},"author":32,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1026725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1026725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1026725"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1026725\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1026725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1026725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1026725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}