OAN’s Katie Smith
4:44 PM – Thursday, May 9, 2024
Joe Biden continues to claim that his administration has made the biggest contribution to the economy.
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Biden reiterated his job creation efforts in an interview Wednesday. What he specifically omitted to mention is that many of these jobs are coming back after the pandemic downturn.
He also suggested that all Americans who feel burdened by high prices and interest rates are wrong.
But since Biden took office, the average price of goods and services has increased by 19%, according to the Bureau of Labor Statistics.
Biden went on to blame the rise on corporate greed and “shrinkflation.” But he made no mention of the administration’s rampant tax-and-spend campaign.
Biden said the inflation rate was 9% when he took office. But when Donald Trump left the White House, inflation remained at 1.4%.
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