The New York Sun/Lawrence Kudlow/5-2-2022
“Even comedian Trevor Noah, during White House Correspondents’ Association dinner Saturday night, made a joke about inflation — a pointed, cutting edge whack, which is what happens at these dinners: ‘These people have been so hard on you, which I don’t get. Ever since you’ve come into office everything is looking up. Gas is up, food is up, rent is up. Everything.’ Mr. Biden was among those there who laughed.”
USAGOLD note: Biden is way down in the polls and inflation has been a key determinant. Of course, his predecessor wasn’t exactly a died in the wool inflation hawk given the constant pressure on the Fed to loosen monetary policy. Presidents by and large do not favor tightening the monetary spigots.
