May 3, 2024
Bidenite lies, statistics, and reality
By Jack Hellner
Most of the media, Joe Biden, his administration, and other Democrats seem to live in an alternate reality.
We are constantly told that Biden inherited an economic disaster and his great economic policies have turned the economy around—the reality is that he inherited a rapidly growing economy with inflation below two percent, and his policies have decimated the purchasing power of most Americans, resulting in an economic disaster. A huge percentage of Americans are digging into savings, running up credit card debt, and falling behind on their loans, just to pay ordinary bills. Few young people can afford to buy a house in today’s market.
We are told that Biden’s policies have brought inflation under control—the reality suggests that is not true. There is no way that inflation for the poor and middle classes, for necessities like food, energy, utilities, housing, repairs, and insurance is down to around 3% like the regime claims.
We are told that inflation since Biden has been elected is around 20%, but that seems low with food up over 35%, and energy prices, which affect everything, up over 59%. Crude oil is up around 100%, and it is used in over 6,000 products.
more
https://www.americanthinker.com/blog/2024/05/bidenite_lies_statistics_and_reality.html
