Biden touts economic plan as ‘blue-collar blueprint’ amid high prices.

President Joe Biden Touts Economic Record, Despite Rising Costs for Americans

In⁣ a Labor Day speech to a sheet metal ‍union in Philadelphia, President Joe Biden proudly highlighted his economic policies as a blueprint for blue-collar Americans. However, as⁣ Americans ‌continue to face increasing prices for everyday essentials like food and gas, his claims are being met ​with skepticism.

“’Bidenomics’ is a blue-collar blueprint for America. It’s for you,” Biden said. “As I said a thousand times, there is no quit in America. None. All I hear⁢ from my friends on the other side, what they say is wrong with America. They keep ⁢telling us America is failing. They’re wrong. I’ve got news for them. America has the strongest economy in the world right now, today.”

However, recent⁢ reports paint a ⁢different⁤ picture. Americans are paying ‍significantly more for basic goods and services compared to just two years ago. In July 2023 alone, the average American spent $709 more on essential items than they did in July 2021. The Producer Price Index and the Consumer Price Index also ⁣indicate⁣ that food prices will ​remain higher than average throughout 2023 ⁣and ​into 2024.

Here are ​some expected increases in prices for key food staples:

• Beef and veal: 4.2%
• Other meats: ‍4.8%
• Poultry: 3%
• Dairy products: 4.1%
• Fats⁣ and oils: 9.6%
• Processed​ fruits and vegetables:⁣ 9.2%
• Sugar ⁤and sweets: 9.3%
• Cereals ​and bakery products: 9%
• Nonalcoholic beverages: 7.6%
• Other foods: 7.4%

Despite these challenges, President Biden remains optimistic about⁣ the state of the economy.

“America isn’t failing. America is winning, and the rest of the world knows it. That’s why our friends ⁤and allies are looking to us,” Biden said.

During his speech, President Biden also took a swipe at former President Donald Trump, highlighting his administration’s efforts to⁣ invest in green initiatives through an infrastructure package.

“You can’t have⁣ the strongest economy ⁤in the world with a second-rate infrastructure. Can you believe we used to have the best infrastructure in the world? And then we fell to​ the number 13 ‌in the world,” Biden said. “And guess what? The great⁢ real estate builder — last guy here — he didn’t build a damn thing.”

Interestingly, President ‌Biden, who has multiple homes and a long history​ in politics,​ referred to himself as “Middle-class Joe.”

“Folks, all my time in public‍ life, I’ve been referred to as ⁣‘Middle-class Joe.’ I‍ guess they thought that was somehow not very complimentary. Well, guess what? That’s who I am. It doesn’t mean you’re not ​sophisticated because you’re middle‍ class.⁤ It ‌means⁣ you work like hell,” he said.

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