September 4, 2023 1:12pm EDT
Biden touts America as having 'strongest economy,' 'lowest inflation rate' in the world despite soaring prices
President champions Bidenomics as 'blue-collar blueprint for America'
By Danielle Wallace FOXBusiness
President Biden, during Labor Day remarks Monday, touted that the United States has the lowest inflation rate among major world economies, despite his own Secretary of Commerce admitting just a day earlier that inflation "still exists" and "remains a challenge" for Americans.
Taking a stage in Philadelphia that was decorated in banners reading "UNION STRONG," the president once again claimed Bidenomics "is working," saying that when the middle class does well, "everyone does well."
"And guess what? You can still be a millionaire or a billionaire. Except one thing, pay your taxes. Pay your taxes. Bidenomics is a blue-collar blueprint for America. It's for you," Biden said.
"As I said a thousand times, there is no quit in America. None. All I hear from my friends on the other side, what they say is wrong with America. They keep telling us America is failing. They're wrong. I've got news for them. America has the strongest economy in the world right now today. Lowest inflation rate among any major economy, 13.5 million new jobs," Biden said. "America isn’t failing. America is winning, and the rest of the world knows it. That's why our friends and allies are looking to us."
more
https://www.foxbusiness.com/politics/biden-touts-america-strongest-economy-lowest-inflation-world-despite-soaring-prices
