The Hill reported: Inflation delivers gut-punch as Biden tries to sell economic record.
Biden should be feeling like he’s been punched in the gut and completely sad about the disastrous situation he has led the United States into, that’s for sure. Instead, he’s in denial and trying to take credit for teeny tiny improvements in the dire economic situation the United States has known for the last year.
“The White House is seeking credit for the better parts of the economy this week — but President Biden’s efforts to write a more positive script have been stymied by inflation,” reported The Hill.
The Biden administration has seen the highest rise in inflation in an entire generation.
“Biden’s aides would much prefer to focus on the robust job growth the nation has enjoyed during the president’s first 11 months in office,” reported The Hill.
“I think if you look at what most people, most of the economists are saying, this Build Back Better bill is not going to increase inflation,” Biden said. “It will diminish inflation. It has a negative impact on inflation. It doesn’t raise inflation, but that’s hard for people to think about right now.”
To read more about Biden’s claims, click here.