CNN Reporter Torched for Tweet About Inflation’s Impact on Americans
A CNN reporter is facing criticism after suggesting that households “for the most part” are in a “good financial place” as inflation hovers near a 40-year-high. In a tweet, Sunday, CNN’s John Harwood wrote, “In…
A CNN reporter is facing criticism after suggesting that households “for the most part” are in a “good financial place” as Inflation hovers near a 40-year-high.
In a tweet, Sunday, CNN’s John Harwood wrote, “In Washington debate, Inflation is ‘crushing’ families.”
“In real life, pandemic relief has eased the pain,” he added.
The journalist noted, “Moody’s economist: “excess saving cushioned the impact, even for lower-income households.”
Harwood shared an article that noted, “Inflation has surged in countries around the world as pandemic-hobbled economies lurched back into stride. That process strained manufacturers’ supply muscles, all the more so since the pandemic created new patterns of consumer demand that businesses weren’t prepared to meet.”