July 23, 2023 6:00am EDT
Experts astonished by Biden's boasting on economy: 'What kind of world does he think he's living in?'
The president touted Bidenomics in a speech to union supports in Philadelphia Thursday
By Elizabeth Heckman | Fox News
Economic experts are calling out President Biden for touting the success of Bidenomics and taking credit for low unemployment and decreasing inflation.
Biden spoke to a crowd of union supporters at the Philly Shipyard in Philadelphia Thursday as polls show voters are not convinced the economy is improving.
"I'm not here to declare victory. We got a long way to go in the economy," Biden said. "I'm here to say we have more work to do. We have a plan that's turning things around pretty quickly. Bidenomics is just another way of saying ‘restore the American dream.’"
Forbes Media Chairman Steve Forbes said Friday he was "amazed" by the administration’s rhetoric on the economy.
"A year ago, Joe Biden was calling himself the deficit cutter, the deficit slasher. This year, two and a half times the deficit is what it was a year ago," he told "America's Newsroom." "He says he's bringing down inflation, still twice what it was when he came into office and those prices are not coming down, just the rate of increase is coming down. People's credit card debt, where is that? Record high. Business investment is not what it should be, headwinds overseas."
"What kind of world does he think he's living in?"
more
https://www.foxnews.com/media/experts-astonished-bidens-boasting-economy-what-kind-world-think-living
