{"id":121610,"date":"2021-02-08T13:24:50","date_gmt":"2021-02-08T18:24:50","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=121610"},"modified":"2021-02-08T22:42:50","modified_gmt":"2021-02-09T03:42:50","slug":"reports-bidens-policies-to-produce-massive-inflation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/reports-bidens-policies-to-produce-massive-inflation\/","title":{"rendered":"Reports: Biden\u2019s policies to produce massive inflation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">14<\/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%2Freports-bidens-policies-to-produce-massive-inflation%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=121610&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 id=\"attachment_2368777\" style=\"width: 667px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-2368777\" loading=\"lazy\" class=\"wp-image-2368777 size-large\" src=\"https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2021\/02\/GettyImages-1230701860-657x437.jpg\" alt=\"TOPSHOT - US President Joe Biden sits in the Oval Office as he signs a series of orders at the White House in Washington, DC, after being sworn in at the US Capitol on January 20, 2021. - US President Joe Biden signed a raft of executive orders to launch his administration, including a decision to rejoin the Paris climate accord. The orders were aimed at reversing decisions by his predecessor, reversing the process of leaving the World Health Organization, ending the ban on entries from mostly Muslim-majority countries, bolstering environmental protections and strengthening the fight against Covid-19. (Photo by Jim WATSON \/ AFP) (Photo by JIM WATSON\/AFP via Getty Images)\" width=\"657\" height=\"437\" \/><\/p>\n<p id=\"caption-attachment-2368777\" class=\"wp-caption-text\">TOPSHOT \u2013 Joe Biden sat in the Oval Office as he signed a series of orders at the White House in Washington, DC on January 20, 2021. (Photo by JIM WATSON\/AFP via Getty Images)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>\nUPDATED 7:40 PM PT \u2013 Monday, February 8, 2021<\/h5>\n<p>Economists are warning that Joe Biden\u2019s policies may cause double-digit inflation, unseen since the late 1970s.<\/p>\n<p>\u201cUnfortunately, the Biden administration may be about to repeat the same mistakes as Jimmy Carter, only this time it will be far worse,\u201d Kevin Freeman, financial terrorism expert at the Center for Security Policy said. \u201cIn the four years of Jimmy Carter, the annual inflation rate rose from 5.7 percent before he took office, to 13.5 percent when he left.\u201d<\/p>\n<p>Economists said Biden\u2019s crackdown on U.S. oil production would drive up gas prices at the pump and hurt U.S. consumers, while benefiting Iran and Russia. They also warned Biden\u2019s $1.9 trillion stimulus plan would devalue the U.S. dollar, making consumer prices higher.<\/p>\n<p>\u201cPresident Trump slashed regulation, but Biden promises to increase it,\u201d Freeman stated. \u201cSo a 30 percent increase in regulation, which is something we can expect, would add 2 percent to the inflation rate just by itself.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">President Trump showed how to lower unemployment and increase wages \u2013 by cutting wasteful regulations, letting taxpayers keep more of their money, and promoting U.S. energy.<\/p>\n<p>Biden wants to increase regulations, raise taxes, &amp; attack energy. The result will be a weaker economy.<\/p>\n<p>\u2014 Ronna McDaniel (@GOPChairwoman) <a href=\"https:\/\/twitter.com\/GOPChairwoman\/status\/1357696992265310209?ref_src=twsrc%5Etfw\">February 5, 2021<\/a><\/p>\n<\/blockquote>\n<p>However, Biden Cabinet officials are downplaying such warnings as they seek near-term political gain from money handouts at the expense of taxpayers.<\/p>\n<h4>MORE NEWS: <a href=\"https:\/\/www.oann.com\/report-detroit-cctv-footage-shows-biden-ballot-dumps\/\">Report: Detroit CCTV Footage Shows Biden Ballot Dumps<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p> &#8230;<\/p>\n","protected":false},"author":1,"featured_media":1892948,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[3706,5708,5908,4600,5905,4564],"class_list":["post-121610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-bidens","tag-inflation","tag-massive","tag-policies","tag-produce","tag-reports"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/121610","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=121610"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/121610\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1892948"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=121610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=121610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=121610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}