WH: stock gains have been wiped out, no answer formula shortages, amazingly low poll numbers

On 6/13/2022, White House Press Secretary Karine Jean-Pierre couldn’t defend Joe Biden’s abysmal economy. The Dow Jones Industrial Average (DJI) surged 0.8% or 257.86 points to close at 31,188.38 on January 21, 2021, marking its all-time closing high on the first day following Joe Biden’s inauguration. From December 2021 – January 2022 to today the Dow Jones has plummeted over 6,000 points. Fox News reporter Peter Doocy asked White House Press Secretary Karine Jean-Pierre about Biden’s previous claims the stock market hit record after record on his watch. “President Biden once bragged about the stock market hitting record after record after record on my watch. How about now?” Peter Doocy asked Jean-Pierre. Karine Jean-Pierre replied, “Meaning the stock market -“ “All the gains from President Biden’s time in office have been wiped out,” Doocy said.

Doocy was referring to Biden’s remarks in January of this year: The stock market “has hit record after record after record on my watch.” Karine Jean-Pierre echoed meaningless talking points: “We are watching closely and we know families are concerned about inflation and the stock market – that is something that the president is really aware of.” She continued, “We’re not the only country dealing with what we are seeing at the moment as it relates to inflation you know, Putin’s price hike.. coming out of a global pandemic, all of those things play a factor.” So Joe Biden takes credit for the stock market when it hits record highs, but as soon as the market tanks, it’s Vladimir Putin’s fault. Got it?

Jean-Pierre was utterly unprepared to give an update when a reporter asked her at Monday’s briefing about the administration’s effort to fix the months-long nationwide infant formula shortage. Jean-Pierre vamped as she flipped through her cheat sheet book for several uncomfortable seconds before admitting she had nothing but that there had been some announcements last week but she said she has no idea what they were. Reporter: “But first, um, what is the White House, what is the latest update the White House has received on the current infant formula situation across the nation?”

Jean-Pierre said, “Yeah, let me see if I have anything new for you on that. Um…I think it’s been a couple of days since we have asked, we have been asked that question! (Long pause while flipping through notebook in vain) Okay…I don’t have anything new. I know we made some announcements last week. Uh, I just, I just don’t have them in front of me. But if you want to come back and we’ll, we’ll talk through uh, the things that we have been able to do in the past–the most recent activities that we’ve done.”

Jean-Pierre, who took over from Jen Psaki one month ago today, is woefully unprepared for the briefings–relying heavily on reading scripted answers from a notebook that often times bear little resemblance to the questions asked but gets her out of jams with sympathetic reporters on even the most basic questions. Not having a ready answer about the latest on the Biden administration’s efforts addressing the infant formula shortage is not just a sign of unpreparedness by Jean-Pierre, but also by White House Communications Director Kate Bedingfield and Biden Chief of Staff Ron Klain. Biden’s approval numbers being mired in the low 30s are most assuredly a team effort.

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WH: stock gains have been wiped out, no answer formula shortages, amazingly low poll numbers.