Skip to main content
Tags: michael cloud | inflation | biden | economy

Rep. Cloud to Newsmax: Americans Base Economics on Personal Experience

By    |   Thursday, 11 August 2022 02:15 PM EDT

Americans know there's inflation going on and won't buy it when the Biden administration claims the numbers are down to "zero percent," Rep. Michael Cloud commented on Newsmax Thursday.

"The American people aren't getting their economic news from a report that's released by some agency or even from a White House press briefing," the Texas Republican said on Newsmax's "John Bachman Now." "They're getting it when they go to the grocery store, when they're at the gas pump, or when they can't find baby formula. So you can come out and say zero percent inflation but until the people at home see those things change, they're not going to believe it."

Biden tweeted Wednesday that "July's zero percent inflation and last week's booming jobs report underscore the kind of economy we're building — an economy that works for everyone," in response to reports that inflation dipped slightly in July over June.

"If it is zero percent inflation, I guess we can pull this bill that's coming to the House floor on Friday, the 'Inflation Reduction Act,' so good news on that front," said Cloud. "One less load off the American people to fund this sort of monstrosity."

Cloud also discussed the FBI's raid on former President Donald Trump's Mar-a-Lago estate earlier this week, including news that the judge who signed off on the warrant used has given the Department of Justice until next Monday to unseal it.

"Of course, we deserve an explanation," said Cloud. "You know, the FBI has worked hard, really, to earn the mistrust of the American people, whether this was in 2016 and how they were part of the collusion narrative that was false. Whether it was in 2020 when they helped spread disinformation to the American people in the lead-up to a presidential election regarding Hunter Biden; whether it's targeting teachers; whether it's overlooking Hillary's indiscretions for the same thing, supposedly, this raid was about, the American people have a deep-seated mistrust for the FBI."

Cloud added that if the Republicans retake the House, they will be "bringing light to these sorts of things ... our government relies on the trust in our government, and we've got to restore that."

It's also hard to tell whether the raid may have been done over the Jan. 6 hearings, or if any surveillance devices were left behind, as has been suggested by the girlfriend of Donald Trump Jr., Kimberly Guilfoyle, as the DOJ is being "very vague on what's going on," said Cloud.

"The FBI has been at this president since before he was elected, so it's hard to take anything at face value of what the FBI says specifically regarding President Trump," he said. "They were there for a long time, you know, and to pull out a couple of dozen boxes and to take all day to do it, it's very concerning and so you're wondering not only what they took out, but what they might have left in place."

About NEWSMAX TV:

NEWSMAX is the fastest-growing cable news channel in America!

Sandy Fitzgerald

Sandy Fitzgerald has more than three decades in journalism and serves as a general assignment writer for Newsmax covering news, media, and politics. 

© 2024 Newsmax. All rights reserved.


Newsmax-Tv
Americans know there's inflation going on and won't buy it when the Biden administration claims the numbers are down to "zero percent," Rep. Michael Cloud commented to Newsmax Thursday.
michael cloud, inflation, biden, economy
541
2022-15-11
Thursday, 11 August 2022 02:15 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
Get the NewsmaxTV App for iOS Get the NewsmaxTV App for Android Scan QR code to get the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved