{"id":1733864,"date":"2022-11-10T14:11:58","date_gmt":"2022-11-10T19:11:58","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1733864"},"modified":"2022-11-10T14:17:52","modified_gmt":"2022-11-10T19:17:52","slug":"biden-no-longer-using-transitory-inflation-narrative-says-it-will-take-time-to-get-back-to-normal","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-no-longer-using-transitory-inflation-narrative-says-it-will-take-time-to-get-back-to-normal\/","title":{"rendered":"Biden No Longer Using &#8220;Transitory&#8221; Inflation Narrative, Says It Will Take Time to Get Back to Normal"},"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\">34<\/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%2Fbiden-no-longer-using-transitory-inflation-narrative-says-it-will-take-time-to-get-back-to-normal%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=1733864&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\/2022\/11\/Biden-on-Soaring-Inflation-It-Will-Take-Time-to-Get-Back-to-Normal.jpg\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<p><strong>President Joe Biden defended the reason behind soaring inflation and his economic policies as data showed consumer prices continued to climb in October.<\/strong><\/p>\n<p>\u201cIt will take time to get inflation back to normal levels \u2013 and we could see setbacks along the way \u2013 but we will keep at it and help families with the cost of living,\u201d Biden said in a statement.<\/p>\n<p>The Labor Department\u2019s consumer price index <a href=\"https:\/\/www.breitbart.com\/economy\/2022\/11\/10\/consumer-prices-up-7-7-in-october\/\" target=\"_blank\" rel=\"noreferrer noopener\">rose <\/a>by 0.4 percent from September.<\/p>\n<p>The Consumer Price Index (CPI) is up 7.7 percent year-over-year.<\/p>\n<p>Food prices at home rose 0.4 percent last month, lower than the 0.7 rates in August and September but still rising.<\/p>\n<p>But Biden spun the news as a good thing, saying e it was \u201ca much-needed break in inflation at the grocery store as we head into the holidays.\u201d<\/p>\n<p>Biden said, \u201cwe are seeing progress in getting inflation under control.\u201d<\/p>\n<p>The message was much different from the one he sent Americans last year when he said that inflation was only \u201ctemporary.\u201d<\/p>\n<p>During the press conference, Biden appeared more cautious about his ability to lower inflation.<\/p>\n<p class=\"has-text-align-center\"><strong>RELATED: <a href=\"https:\/\/www.dailyfetched.com\/media-outlets-push-narrative-to-dethrone-trump-elevate-ron-desantis\/\">Media outlets Push Narrative to Dethrone Trump, Elevate Ron DeSantis<\/a><\/strong><\/p>\n<p>\u201cWhat I can\u2019t do is I can\u2019t guarantee that we\u2019re going to be able to get rid of inflation, but I do think we can,\u201d he said.<\/p>\n<p>He then proposed a solution of more government programs to help Americans, saying it would take time before his existing proposals to deal with inflation started to kick in.<\/p>\n<p>\u201cWe\u2019re driving down all of those costs,\u201d he said. \u201cWe\u2019ve already passed the legislation to do that; it\u2019s just taking effect.\u201d<\/p>\n<p>As The AP <a href=\"https:\/\/apnews.com\/article\/2022-midterm-elections-abortion-biden-inflation-cf4dffe87a7c2fd1bdd58df0346e15dc\" target=\"_blank\" rel=\"noreferrer noopener\">reported<\/a>:<\/p>\n<p>High inflation was the top consideration for voters in the midterm elections, AP VoteCast shows.<\/p>\n<p>The result, as of early Wednesday, was an election in which Democrats displayed strength, appearing to avoid the massive losses that often beset the party in power during a midterm vote. With ballots still being counted, though, it was unclear if they would retain control of at least one chamber of Congress.<\/p>\n<p>The survey depicts a country mired in pessimism about America\u2019s future and its political leadership, with lingering tensions in how people feel about Biden.<\/p>\n<p>The detailed portrait of the American electorate is based on results from VoteCast, an extensive survey of more than 94,000 voters nationwide conducted for The Associated Press by NORC at the University of Chicago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden defended the reason behind soaring inflation and his economic policies as data showed consumer prices continued to climb in October. \u201cIt will take time to get inflation<\/p>\n","protected":false},"author":1,"featured_media":1733867,"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":[547],"tags":[],"class_list":["post-1733864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report"],"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\/1733864","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=1733864"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1733864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1733867"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1733864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1733864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1733864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}