of new york timesAngelo Fichera on Wednesday released some unusual fact-finding on the slippery issue of President Joe Biden’s economic performance.
Mr. Biden, 81, is an “elderly man with a poor memory,” but his reliable staff likely carefully crafted the scripted talking points, the special counsel said. times fact confirmed.
The fact-check came just days after a feud between the White House and the newspaper surfaced. Biden aides said they were “very upset” by the media’s analytical coverage of the president’s age and memory.
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White House
It seemed like the feud was still going on. timesHe provided a rare fact-check on the White House’s elaborate claims about Biden’s alleged economic success, dubbed “Bidenomics.”
Fact check 1:
Claim: “There are 1,000 millionaires in America right now. Do you know the average federal tax rate? It’s 8.2 percent,” Biden claimed in January.
verdict: times‘ We have judged this comment to be “misleading”.
Biden was referring to a White House study that seeks to use “a more comprehensive measure of income” than current methods of assessing income. In other words, he presented a hypothesis about what interest rates would be if the laws were different.
Fact check 2:
Claim: “I signed the CHIPS and Science Act, which attracted $640 billion in private business investment that will build factories and bring jobs back to America,” Biden said in February.
verdict: times ruled the claim “false.”
Estimates of private investment spurred by the CHIPS and Science Act, which gave billions of dollars to the chip industry, fall short of $640 billion. By some measures, that’s just a fraction of it. One estimate by the Semiconductor Industry Association puts the number at about $220 billion.
Fact check 3:
Claim: “So let’s be clear: President Trump talks about putting checks in his pocket. But in 2021, as soon as I took office, I sent you all $1,400 checks.” Biden said in January.
verdict: times I decided I needed more context.
Mr. Biden and Mr. Trump signed a bill to provide stimulus payments to Americans as the United States grapples with the coronavirus. In March 2020, Trump signed the $2 trillion bill known as the CARES Act, providing for payments of $1,200 per person and an additional $500 per child. A few months later, in December 2020, Trump signed a stimulus package that included $600 checks and an additional $600 per child. (He had insisted that the second round payment be increased to his $2,000.)
Fact check 4:
Claim: “The only president other than Donald Trump to lose his job during his administration was Herbert Hoover,” Biden claimed in January.
verdict: times It ruled that the statement was taken out of context.
Biden is correct that Trump ended his term as the only president since World War II with a negative employment record, but he omits that this happened because of the coronavirus pandemic.
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Wendell Husebo is a political reporter for Breitbart News and a former Republican war room analyst.he is the author of politics of slave morality.Follow Wendell “X” @WendellHusebø or society of truth @WendellHusebo.
