Read time: 1 minute

Fox Business Kills The Inflation Fairy

So much for the so-called inflation fairy the Larry Kudlows of the QOP use to attack any legislation to help the American people passed by Democrats.
Views:

Right wing objections to the American Rescue Plan have focused on the possibility of high inflation due to the influx of $1.9 trillion going into the economy, but that is not the case and now they need to admit it, too.

Fox Business and other conservative media have been shrugging off the big gains on Wall Street and the slow gains on Main Street because we have Joe Biden as president.

Republicans on my TV have used the inflation fairy to attack the American Rescue Plan Act, but the numbers don't lie, leaving Fox Business' Stuart Varney giddy from the NASDAQ gains made Tuesday and Wednesday.

"They're adding to it by the looks of it. What happened?" Varney asked.

"That's right because there's no inflation," FOX Business reporter Susan Li replied. "Just got the latest inflation numbers at the bottom of the hour and it shows it's still pretty much still contained."

So much for the so-called inflation fairy the Larry Kudlows of the QOP use to attack any legislation to help the American people made by a Democratic president. That fairy is dead and buried now.

Can you help us out?

For 17 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

More C&L Coverage

Discussion

New Commenting System

Our comments are now powered by Insticator. In order to comment you will need to create an Insticator account. The process is quick and simple. Please note that the ability to comment with a C&L site account is no longer available.

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.

Please Do Not Use the Login Link at the Top of the Site.

In order to comment you must use an Insticator account. To register an account, enter your comment and click the post button. A dialog will then appear allowing you create your account.

We will be retiring our Crooks and Liars user account system in January, 2021.

Thank you.
C&L Team