VIDEO: White House Spreads Blatant Lie
Lies on top of lies.
In his inaugural address following the announcement of his intention to run for re-election in 2024, President Joe Biden lied and stated that the economy is robust.
According to Biden, his economic strategy is effective. Americans have dealt with skyrocketing gas prices, soaring inflation, are unable to purchase food at normal prices and interest rates have increased dramatically. However, Biden still believes his strategy is “effective”.
Biden praised the progressive bills passed in the last couple of years, including the purported Inflation Reduction Act, stating that it is an unprecedented advancement.
The Inflation Reduction Act introduced various programs, including allocating billions of dollars towards renewable energy for the government to distribute and an increase of $80 billion in funding for the IRS.
However, inflation rates surged during this time. Bloomberg reported that due to Biden’s four-decade peak inflation rate, American households faced an additional expense of $5,200 on average in the previous year, equivalent to $433 per month. Even in 2023, inflation has persisted as a systemic issue.
“I know folks are also struggling with inflation,” Biden stated.
“We’ve created more than 12 million new jobs. More jobs in two years than any president has made in a four-year term,” Biden moronically said. “This is real progress. Like we have never seen before.”
Recent polling indicates that Biden’s assertions about the economy do not have much public support. As per a recent survey by Monmouth University, American middle-class households, who bear the brunt of federal taxes and are more likely to serve in the military, do not believe they are receiving any advantage from the Biden administration’s policies.
WATCH:
Just 16% of Americans say they’re better off under Biden, yet Biden claims “we’re turning things around and we’re doing it in a big way” 🤔 pic.twitter.com/hKqNmyrVHu
— RNC Research (@RNCResearch) April 25, 2023