Yes, he is repeating false data provided by the administration. This idea that the FED can create any economic growth by itself is very limited at best. We have both houses of Congress full of attorneys who know very little about economics and business. Sound monetary policy starts with our tax system and budget. The highest corporate taxes in the world do not encourage jobs, new business or anything positive. More regulations on business create more problems. Not one person here has ever spent their way out of debt, and; we have Obama and the Dems spending money like drunken sailors on every welfare program to stay in power. We cannot afford this 19 trillion plus debt. We keep seeing Obama add millions of Hispanics and Muslims to the welfare roles. Yes, the Hispanics do work, and some Muslims do. These Syrians have no skills period. The jerk who just blew up a bomb is from Afghan. Why aren’t these SOB’s doing the fighting as opposed to our military.
Excellent comments. The clueless congress and a pernicious president have taken us down a very destructive path that will be difficult to recover from.
“Now, people when I say that look at me and say, ‘What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, that’s what I’m telling you.”