Biden barks about US economy

 Headlines USA:

President Joe Biden scolded the media on Saturday for their widespread yet accurate negative coverage of the U.S. economy, demanding more positive reports.

Asked about his economic “outlook” for 2024, Biden confidently responded, “All good—take a look!” He added with a smirk, “Start reporting it the right way!”

These remarks were made as Biden departed the White House for Camp David to celebrate the Christmas holiday.

Despite Biden’s optimism, several polls indicate growing concerns among Americans about the economy’s direction. 

According to a Fox News poll, only a scant 14% of Americans believe the Biden administration’s economic policies have been beneficial, while a staggering 46% feel the president has caused them financial hardship. 

The harsh reality of the economy is highlighted in a Media Research Center report headlined “Bidenomics after 34 Months: Six Charts the Media Don’t Want You to See.”

According to the MRC, gas prices have surged by 42% in the first three years of the Biden administration. Consumer prices skyrocketed by 17.2%, a stark contrast to the 7.6% increase during the Trump administration. 

 Inflation has persistently risen during Biden’s tenure, with prices increasing three times faster compared to the Trump era, as indicated by MRC’s graphs. 

 Despite these figures and polls reflecting Americans’ sentiments about the Democratic administration’s impact and despite Biden’s criticism, some op-ed writers have defended the struggling Biden administration, according to MRC Business.
...

The increase in inflation is mainly due to Biden and the Democrats in Congress going on an irresponsible spending spree as soon as he got in office and we are still feeling the impact of that spree which they apparently thought would boost the economy.  Instead, it boosted inflation to the highest level in decades.  It is something that everyone sees and feels on a trip to the grocery store or when eating out.

Then there are the wars in Europe and the Middle East that happened after Biden's Afghan bug-out.  The world feels like a much less safer place under Biden.

Comments

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

29 % of companies say they are unlikely to keep insurance after Obamacare