Don't worry, we have Izzy Mandelbaum!
Posted on 11/17/2023 5:54:39 AM PST by Red Badger
President Joe Biden suggested Thursday that Americans who are unhappy with the economy are experiencing a “disconnect.”
Biden touted a variety of economic statistics during a speech at the Asia-Pacific Economic Cooperation (APEC) summit on Thursday, before acknowledging that the American people feel a “disconnect” between the “numbers, and how people feel about their place in the world right now.” As Biden and his administration continue to insist “Bidenomics” is a success, 61% of Americans are living paycheck-to-paycheck and 75% of U.S. adults think the economy is in a “fair” or “poor” state.
“The last quarter the American economy grew 4.9%. The highest growth rate in two years,” Biden said during his Thursday speech. “More people in the United States are in the workforce today than any time in American history. Unemployment has been under 4% for 21 straight months. Inflation has come down by 65%, and more to do. I mean, we know have lowest inflation — lowest inflation rate of any advanced economy in the world. Meanwhile, median household wealth has grown by 37% in real terms since before the pandemic.”
Despite Biden’s repeated touting of the economy, the American people are not viewing this situation the same way. Sixteen percent of Americans believe the economy is getting better while 56% of U.S. adults say the economy is getting worse, according to a September YouGov Poll.
“I acknowledge there’s a disconnect between the numbers, and how people feel about their place in the world right now,” Biden continued during the speech.
“We can deal with the second part as well,” Biden added. “We still have work to do.”
For the last several months, Democrats have been raising concerns that the White House’s “Bidenomics” push is not landing with the American people, according to a Politico report. Democrats have voiced concerns that while the White House cites low unemployment rates and lower inflation, the American people who are still struggling financially may be turned off by the “Bidenomics” branding.
Throughout September and October, top Biden allies reportedly met with the Progressive Change Campaign Committee (PCCC) who presented data that the “Bidenomics” branding is not convincing the American people that the economy is on the mend, Politico reported. PCCC reportedly presented a poll to the White House that showed just 35% of Americans trusted Democrats over Republicans on economic issues while seven out of 10 Americans did not believe the economy was improving, despite being told that unemployment was at record lows and that inflation was easing.
“We’re working every day to show the American people what President Biden and Congressional Democrats have delivered,” White House spokesperson Michael Kikukawa told Politico. “We will continue reaching out to the portion of Americans who are not yet aware of those incredibly popular accomplishments.”
When your son pays all your bills, and you are on multiple countries' payroll, you tend to lose sight of what things cost these days.
Shut up potato! Shut up! Shut up! SHUT UUUUP!!!
“Biden Suggests Americans Unhappy With The Economy Are ‘Disconnected’ From Reality”
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Talking about some SERIOUS #RustyIrony!!! LOL!!!
If there is a subject that Biden is completely unqualified to discuss, it’s reality.
Bingo.
Biden’s ...Let them eat cake...moment.
This is the biggest sign of the “wealth gap” ever in this country. To be so disconnected from the common man is a crime. People and specifically the political class are making too much money if they cannot see the glass is nearly empty.
Wow...just wow...that someone even wrote that for him to read.
So says the great and mighty Grandpa Ice Cream, who has to wear diapers in public, has trouble articulating a single sentence as normal people would, and who can’t walk up a flight o stairs without tripping. Oh, and his every need is taken care of, courtesy of us taxpayers...but WE are disconnected from reality.
FJB!
Joe Biden will tell any lie he can
Just like Manchurian Candidate Barack Hussein Obama
Democrat accusations are always subliminal confessions.
DementiaJoe says we are disconnected from reality? So, now we’re not just Deplorables, we’re demented. Who is giving Biden this BS to say?
I remember feeding a family of 5 with the same money I feed a family of 2 now.
He’s taking it up a notch!
The Moron speaks and I ignore.
The ‘disconnect’ isn’t ideological or mental. It’s a ‘disconnect’ with our paychecks compared to the costs of living. How on earth would this lying, arrogant, thieving grifter know anything about the cost of living in this economy?
He gets his 10% regardless of CPI, COLA or whatever.
That would be sad if it wasn’t so funny ...
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