‘It’s Not Working’: Joe Kernen Pours Cold Water On ‘Bidenomics’ To Biden Economic Adviser Jared Bernstein’s Face

CNBC anchor Joe Kernen poured cold water on President Joe Biden’s “Bidenomics” to economic adviser Jared Bernstein’s face during the “Squawk Box” on Tuesday morning.

The Biden administration has attempted to rally Americans around his economic policies by touting the decrease in inflation during the past year and the passages of sweeping pieces of legislation, including the Inflation Reduction Act and the CHIPS Act. Kernen cited polls expressing Americans’ grievances over the economy.

“I don’t want you to just shoot the messenger, I guess the [Wall Street] Journal and the New York Post are both Rupert Murdoch-owned entities,” Kernen began. “That’s probably the excuse that I always hear. Here’s the cover of the Washington Post, ‘Lie-Bor Day’ and it just talks about how the president constantly talks about cutting the deficit, when in fact it’s going to be $2 trillion, double  last year. And the cuts that he did make are based on cutting from the pandemic level, so it’s kind of disingenuous.”