October 27, 2022 9:52pm EDT
President Biden says America isn't experiencing 'record inflation anymore' amid 8.2% spike in prices
Biden said he's 'bringing down inflation' during the interview
By Adam Sabes FOXBusiness
President Biden said on Thursday that America isn't experiencing "record inflation anymore" amid an annualized 8.2% spike in prices.
Biden made the comments during an interview with NewsNation on Thursday night.
"You've referred to the midterm election as a choice, rather than a referendum. Given record inflation, why should voters chose Democrats?," Biden was asked.
"Because it's not record inflation anymore. I'm bringing it down. Look what we inherited. I inherited 6.5% unemployment, it's down to 3.5%. We lost hundreds of thousands of manufacturing jobs. We've created over 700,000 manufacturing jobs. Things are moving," Biden said. "As that [GDP] report showed, you have people who are now in a position where the combination of pay raises and job security, they're now better off, even with inflation than they were before it."
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https://www.foxbusiness.com/politics/president-biden-america-experiencing-record-inflation-anymore-amid-8-2-spike-in-prices
