{"id":1512338,"date":"2022-06-12T09:20:13","date_gmt":"2022-06-12T13:20:13","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1512338"},"modified":"2022-06-12T09:20:18","modified_gmt":"2022-06-12T13:20:18","slug":"joe-biden-admits-to-elite-donors-were-gonna-live-with-this-inflation-for-a-while","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/joe-biden-admits-to-elite-donors-were-gonna-live-with-this-inflation-for-a-while\/","title":{"rendered":"Joe Biden Admits to Elite Donors: \u201cWe\u2019re Gonna Live With This Inflation for a While\u201d"},"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%2Fjoe-biden-admits-to-elite-donors-were-gonna-live-with-this-inflation-for-a-while%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=1512338&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--><p class=\"subheading\">President Joe Biden shifted his narrative on inflation at a California fundraiser Friday night, despite his administration stressing for months that inflation was only temporary.<\/p>\n<p>\u201cWe\u2019re gonna live with this inflation for a while,\u201d Biden <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-06-11\/biden-says-us-inflation-to-persist-for-a-while-after-new-data\">said<\/a> at the event. \u201cIt\u2019s gonna come down gradually, but we\u2019re going to live with it for a while.\u201d<\/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>The Beverly Hills fundraiser with wealthy Democrat donors was hosted by billionaire Haim Saban, a media mogul.<\/p>\n<div id=\"attachment_14439217\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/media.breitbart.com\/media\/2020\/09\/HaimSaban1.jpg\"><\/a><\/p>\n<p class=\"wp-caption-text\">Haim Saban (Willy Sanjuan\/Invision\/AP)<\/p>\n<\/div>\n<p>That was a slightly different <a href=\"https:\/\/www.breitbart.com\/politics\/2022\/06\/10\/joe-biden-misleadingly-says-inflation-going-down-dont-count-gas-food\/\">message<\/a> from the more positive one he issued to Americans while visiting the Port of Los Angeles earlier Friday afternoon.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>\u201cInflation outside of energy and food, what the economists call core inflation, moderated the last two months,\u201d Biden said. \u201cNot enough, but it moderated. It\u2019s come down, and we need it to come down much more quickly.\u201d<\/p>\n<p>According to the latest consumer price index numbers for May, month-to-month core inflation was at 0.6 percent, the same percentage it was in April. Year-to-year core inflation was up 6 percent in May compared to a year ago, down from 6.5 percent in March.<\/p>\n<p>The president has failed to offer any new solutions to solve inflation, despite calling it his \u201ctop economic priority.\u201d<\/p>\n<p>During his speech, Biden blamed oil companies for high gas prices and shipping companies for high shipping prices.<\/p>\n<p>He also blamed all of the food and gas hikes on Russian President Vladimir Putin, even though prices were already rising before\u00a0the invasion of Ukraine.<\/p>\n<p>\u201cI understand Americans are anxious, and they\u2019re anxious for good reason,\u201d Biden said, adding, \u201cWe have never seen anything like Putin\u2019s tax on both food and gas.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden shifted his narrative on inflation at a California fundraiser Friday night, despite his administration stressing for months that inflation was only temporary. \u201cWe\u2019re gonna live with this<\/p>\n","protected":false},"author":1,"featured_media":1890143,"comment_status":"open","ping_status":"open","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":[],"class_list":["post-1512338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"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\/1512338","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=1512338"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1512338\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1890143"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1512338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1512338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1512338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}