Posted on 05/09/2024 9:45:47 AM PDT by BradtotheBone
President Biden claimed on Wednesday that inflation was at 9% when he entered the White House in January 2021, when, in fact, the consumer price index (CPI) was at a mere 1.4% at the time.
"No president has had the run we’ve had in terms of creating jobs and bringing down inflation," Biden told CNN's Erin Burnett in an interview. "It was 9% when I came to office – 9%."
It’s a notion Biden has alluded to before. In April, the president said: "Look, we have dramatically reduced inflation from 9% down to close to 3%. We’re in a situation where we’re better situated than we were when we took office where we – inflation was skyrocketing."
But under Biden's watch, the inflation rate ballooned from 1.4% to 9.1% in June 2022. While it has now declined to 3.5% as of March 2024, it remains well above the Federal Reserve’s target rate of 2%.
Biden's claims come as he attempts to make the case to the American people that the economy is better under his "Bidenomics" agenda than it was under his predecessor, former President Donald Trump, whom he is running against for a second term.
(Excerpt) Read more at msn.com ...
Will he or will he not get away from it? We’ll know in November but I’m not so sure.
Yet, there are dumb asses who will vote for this POS.
It’s not that he lies, it’s not that he’s always been a liar, it’s that he lies so easily.
What I am most grateful for is that my chocolate ration has increased from 30 grams to 25 grams.
If you asked Biden what 1% represents, he couldn’t give you a coherent answer. Same with Obama and Harris. These morons have a grasp of economics lower than a chimp’s.
well biden is obama.. so...
Senile old LIAR.
Democrat Dream!
Bidenskyyyyyyyyyyyyyyy is a liar!!!
Joe has dementia. that’s what the doctors said. He can’t be held responsible for the classified docs in the garage........LOL
He didn’t say: “Not a joke”?
the inflation rate as stated when biden took office and its the aggregate number that they don’t mention is the problem. the first year it went up 9%in 21’ then 5% in 22, then 4% in 23 and 3.8% so far in 24, that is close to a 22% loss of purchasing power since he took office. it hasn’t retreated at any time to save us money and he is going to increase our taxes if reinstalled.
What would be an effective grass roots way of getting the info out that Biden is confusedly lying about inflation, claiming it was 9% when he took office, instead of 1.4%?
Don’t ya’ll remember when he was first in his class with Neils Bohr? Frat buddies with Thomas Sowell?
Groceries are up anywhere from 30-120%. Biden can kiss my butt-er. Most people will accept prices are up 18-30% but I would say that everything has doubled. A burger, fries and drink is more than doubled; in Kalifornia it doubled and a half. Since the US is a more service oriented economy, we are slipping into the kind of barren landscape that Europe has, e.g., a place where people cannot afford to eat out more than a few times a year if they are a family unit.
Let me guess. The media whore Erin Burnett not only didn’t refute the lie, she offered to fellate the ancient senile rotting pedophile right there on the set.
Do you actually believe that when Biden opens his mouth the truth about anything will come out?
Rents in these US cities are rising faster than wages — with NYC hit the worst
NY Post ^ | 05/08/2024 | Hannah Frishberg
Posted on 5/9/2024, 9:06:59 AM by ChicagoConservative27
Pay day seriously pales compared to rent day — and it’s only getting worse.
A new report has found that, since 2019, rent has gone up on average 1.5 times faster than wages in 44 out of the nation’s 50 largest metros, and nowhere more so than in New York City.
According to an analysis by StreetEasy of data from Zillow, the US Bureau of Labor Statistics and its own site, the Big Apple has seen the greatest gap in rent growth relative to wage growth in recent years.
Specifically, the city watched wages go up 1.2% between 2022 and 2023, while rents went up 8.6%, a 7.4 percentage point difference.
That’s far more than any of the other top 10 wage-rent growth gap cities. Boston, which came in second place, had a 6.8 point difference (with its wages going down by 1% and its rents going up by 5.8%) and Cincinnati, which came in third, had a 6.4 point difference (wages went up .9% while rents went up 7.3%).
(Excerpt) Read more at nypost.com ...
1st rule of politics:
Don’t believe your own propaganda........................
WHAT A LIAR THIS GUY IS.
LIAR !!!
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