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The Bloomberg news agency is getting thoroughly ratioed on Twitter for what many consider yet another tone-deaf article about America’s inflation-afflicted economy under the big-spending Biden administration.
In an opinion piece published earlier this month, a writer who happens to be an economics professor, suggested, among other things, that consumers opt for public transportation, go vegan, avoid buying in bulk, and hold off on providing medical care for their beloved dog or cat.
The article about which you can review in its entirety and form your own conclusions also claims that “Economists say the overall share of income spent on gas is lower than it used to be, and despite the increases, prices are still relatively low by historical standards,” although the author acknowledges that “it offers little consolation these days for someone on the lower end of the income distribution who drives to work.”
“Try to be as flexible and creative as possible. Scientists tell us our brain plasticity will improve by trying novel things. There’s an advantage to mixing up what you consume to cope with unusual price spikes: You become more resilient as you create a locus of control and interrogate your habits,” the essay concluded.
Inflation stings most if you earn less than $300K. Here's how to deal:
➡️ Take the bus
➡️ Don’t buy in bulk
➡️ Try lentils instead of meat
➡️ Nobody said this would be fun https://t.co/HGJEoXL5ZZ
— Bloomberg Opinion (@bopinion) March 19, 2022
Perhaps in a nod to Bloomberg’s perceived elitist, upscale readership, the article reassures that “If your income is more than $289,000 a year, the run-up in gas prices may be alarming — but it’s unlikely to hammer your overall finances. ”
Unlike the typical narrative from most corporate media outlets that blames Russian Federation President Vladimir Putin (i.e, Putin’s price hike) rather than Bidenflation and energy dependence for pain at the pump, the article does note, however, that “The latest inflation numbers show gas prices jumped 6.6% in February from a month earlier — even before President Joe Biden banned U.S. imports of Russian oil.”
Late last year, the news outlet co-founded by billionaire ex-New York City Mayor and failed 2020 Democrat presidential candidate Michael Bloomberg recommended that Americans spend more and borrow more using their counterparts in Argentina as a model. Argentina has an annual inflation rate as high as 50 percent.
Suggestion Americans spend paychecks faster to cope with inflation sets social media off – https://t.co/j8J1a2pclB
— Bo Snerdley (@BoSnerdley) December 13, 2021
As alluded to above, Bloomberg’s advice for consumers about how to reimagine the family budget is hardly winning over any converts who imply that the content is just a bit too patronizing.
Here is just a sampling (*warning for language) of the massive response:
Okay, the Bloomberg opinion piece telling me to shut up and eat lentils and “no one said this would be easy” is my last straw. Look, @bopinion and everyone else pushing a socialist agenda, I’m not looking to join the Venezuelan quick diet.
— Lady Demosthenes (@LadyDemosthenes) March 20, 2022
I’m not looking to be told shut up and cope by people who technically work for ME and who are screwing up my economy by printing more money and SENDING IT OVERSEAS while voting in omnibus bills that steal away more of my individual freedoms.
— Lady Demosthenes (@LadyDemosthenes) March 20, 2022
A few more tips:
➡️ Trips to the dentist can be costly. Consider a bottle of vodka and a pair of pliers.
➡️ People rarely question whether you’re homeless at the soup kitchen
➡️ Now is the time to try that side business. There’s always a demand for certain services https://t.co/Z9UWvcJbtF
— Bryan 🇺🇸for🇺🇦 (@swimmerbr78) March 20, 2022
I’ve read this article three times now. Someone wrote this, thinking it was a good idea, and multiple people approved it. This is condescending, tone-deaf nonsense that displays the level of disconnection many in the media have to the lives that most Americans actually live. https://t.co/nQOJeyoZJU
— Peter Cook (@_Peter_Cook) March 20, 2022
Basically the elite want normal people to “own nothing and be happy” about it. I will fight this ideology with every fiber of my being. Americans are being abused by globalists. It’s time for new blood who put globalists on the run!
— Robby Starbuck (@robbystarbuck) March 20, 2022
Hey out-of-touch assholes… most people don’t live where you can take a bus; buying in bulk is cheaper and saves gas having to go back to the store; lentils DO NOT replace meat. We warned you all that Biden would DESTROY this country. We were right.
— Kimberly Morin (@Conservativeind) March 20, 2022
Some more helpful #inflation tips from Bloomberg:
✅ Toilet water can be great soup
✅ Drive an Uber…into a CVS for free supplies
✅ A minor felony can lead to tasty, free jail meals
✅ Would you really miss your last-born? 🍽️https://t.co/3yS1SwYsNphttps://t.co/pt3iwv3cOA pic.twitter.com/90LnIRODT4
— Steve Faktor (@ideafaktory) March 20, 2022
Why is Bloomberg telling 99% of American families to take a bus when just last week we were all told that the solution to gas price hikes was to just shut up and buy a Tesla?
— Joel M. Petlin (@Joelmpetlin) March 20, 2022
How about you kiss my a**. We are Americans and we will live free. Vote republican so we can fix this mess the democrats have created with their God awful policies
— Josh Barnett for Congress (AZ-01) (@BarnettforAZ) March 20, 2022
Bloomberg: “Legend has it that inflation can affect people’s lives. We investigated this myth and discovered it was true, but only for the almost invisible fraction of Americans who make – and we verified that this actually exists – UNDER $300,000 per year.” pic.twitter.com/4aWkdcJM2Q
— Sean Bell (@SeanBellring) March 20, 2022
I initially misread this as coming from Bloomberg Onion and I was like oh wow a new satire site
— Jake Poinier #NoPROAct (@DrFreelance) March 19, 2022
EVERYTHING stings more if you earn less than $300k. With this insight we all can write insightful articles for Bloomberg so we won’t have to ride busses.
— Julia Cordova✨ (@CordovaTrades) March 20, 2022
Was Bloomberg hacked? Or are the folks over there tone-deaf and completely unaware that everyday working folks read this as “let them eat cake.”???
Read the damn room‼️#gasprices pic.twitter.com/986pso5WRX
— Christopher Webb 🇺🇸 (@cwebbonline) March 20, 2022
Substitute meals for hunger. Substitute driving for hours of walking to get to work. Don’t have children, and if you do, you can always steal food from rich restaurants. Don’t worry about inflation.
Welcome to progressive America.
— Emmanuel Rincón (@EmmaRincon) March 19, 2022
➡️ Stop fighting fossil fuels
➡️ Stop Fed printing of trillions of dollars to loan banks
➡️ Corporations pay fair wages
➡️ Stop the U.S. government from going $30 trillion in debt
— Steve Burns (@SJosephBurns) March 19, 2022
-Bathe once a week – save on soap and water
-1 ply toilet paper is the way to go
-Try fasting, who needs food?
-Don’t mow the lawn, eat it
— Stephanie Kilroe (@georgiadorkings) March 19, 2022
I make less that 300k a year, but I just got back from selling plasma so I can afford access to this valuable advice about how to live like a common railway hobo pic.twitter.com/9B8C3OvSYW
— iSavage_PI 🔪 (@iSavage_PI) March 19, 2022
The dick of the day trophy goes to Bloomberg Opinion for essentially telling people that make less than a whopping $300,000 a year to stop bitching and suck it up and eat a bunch of fucking lentils on a damn bus during these tough times and forget fun.
— Jason Overstreet (@JasonOverstreet) March 20, 2022
Bloomberg also expects you poor folks to go ahead and put your dog down.
Do it for Grandpa Joe. https://t.co/DEXIh8IjWU
— john jackson (@pvtjokerus) March 20, 2022
I realize that it was clickbait designed to make me angry, but I have to say that Bloomberg Opinion piece succeeded. One of the most classist, inhuman travesties I’ve ever read in print. I’m still upset today. Well done, but it definitely undermined the paper’s credibility.
— Lesley Carhart (@hacks4pancakes) March 20, 2022
Complaining about the price of gas? The elite say, #LetThemEatLentils.
My solution is to:
1. Temporarily suspend the state gas tax.
2. Open up domestic energy.
3. Send me to Congress to fight for energy independence.
— Senator Jessica de la Cruz (@JessicaforRI) March 20, 2022
Breaking news from Bloomberg: don’t be poor! https://t.co/S38srgowoY
— Rose of Sharon Mayer (@RozeRage) March 20, 2022
98.88831% of Americans make less than $300k.
F you, and your fellow propagandists at @business, and the horse you rode in on @tghilarducci.https://t.co/NOdT7L9QSchttps://t.co/8EckFeGptn https://t.co/8AZKRZparN
— Technotronic Rudy Havenstein. (@RudyHavenstein) March 20, 2022
*Inflation will be transitory*
*Inflation is due to COVID*
*Inflation isn’t really a bad thing*
*Inflation is caused by Putin*
These are all things that were said over the last 12 months. https://t.co/CPWDSY81SZ
— Barrett Sallee (@BarrettSallee) March 20, 2022
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