Under Joe Biden, inflation is bad and getting worse and much of the reason is tied to liberal energy policies.
Rick Santelli of the CNBC recently pointed this out on the air while making some dark predictions about the future.
This situation is not going to change until the energy policies change.
Until that happens, Santelli says we’re doomed.
The Daily Caller reports:
‘We’re All Doomed’: CNBC Host Levels Stark Prediction For Economy
“If you’re looking at inflation, I think one of the guests said they think it’s probably going to remain sticky. I think it’s the rate of change, and the American public is not stupid, meaning, it’s going to certainly quit going up as fast as it is, but prices are not —and I underscore — are not going back to where they were,” he said.
“You need months and months and months of minus signs on year-over-year, months over months on CPI and PPI. Don’t think you’re going to get months and months of those, and on the other data with regard to this jobs report, I would say that the rest of the world’s in much worse shape than us.”
“I think it’s really funny when I see the Eurozone debating about what to do with oil and gas, and Putin’s somewhere watching it. It just seems really weird, he’s holding the switch. He can do it anytime he wants,” Santelli added. “And I still say, if there’s one word about what the future of the world’s economy looks like down the road, and people aren’t going to like this, it’s about the cost of energy.
If people want to keep energy prices high and the governments want to have secret meetings about really not being all that enamored with fossil fuels at this point in history, then we’re all doomed to slower economies down the road, period.”
Watch the video below:
CNBC’s Rick Santelli: With Biden’s attack on oil and gas, “we’re all doomed to much slower economies down the road, period.” pic.twitter.com/JA0MqrnjwJ
— RNC Research (@RNCResearch) May 6, 2022
Democrats care more about green energy than the well being of the country.