Biden denies economic reality in car crash CNN interview
By newseditors // 2024-05-10
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During a brutal CNN interview aired Wednesday, Joe Biden looked shocked when host Erin Burnett reeled off a list of stats detailing how bad the economy is. Instead of suggesting how he is going to improve the situation, Biden denied any of it was real and claimed every poll showing Americans favouring Trump on the economy is wrong. (Article by Steve Watson republished from Modenity.news) “Voters, by a wide margin, trust Trump more on the economy,” Burnett noted, before listing possible reasons for that including the cost of buying a home having doubled, real income accounting for inflation being down, economic growth being way short of expectations and consumer confidence being near a two year low. “Are you worried that you’re running out of time to turn [the economy] around?” Burnett asked Biden. “We’ve already turned it around,” Biden bizarrely claimed, before adding that “the polling data has been wrong all along.” When Burnett pointed out that Grocery prices are up almost a third, Biden shrugged it off and claimed Americans “have the money to spend.” He repeated the tired lie about creating millions of jobs that everyone knows is complete rubbish because he’s including jobs that were reinstated from the pandemic: Biden also told an absolute whopper, claiming that inflation was 9 percent when he came into office, when in reality it was 1.4 percent. After Biden took office, inflation surged to rates unseen since the early 1980s, peaking at an annual rate of 9.1 percent in June 2022, a full 17 months after he took office. Yet, he is claiming it was ALREADY at 9 percent. Since Biden took office, the average prices of goods and services have increased 19 percent, according to Bureau of Labor Statistics data. By comparison, during Trump’s four years in office, prices increased by 8 percent, or roughly 2 percent per year, which is the normal annual rate of inflation. Read more at: Modenity.news
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