By The Numbers: The State Of Biden’s America Is Absolutely @#%&* Abysmal
On Tuesday, President Joe Biden will give an hour-long speech to America. He will outline how amazing everything is and provide a list of all the things he wants to do in future.
He gave us a glimpse of his future last week.
“Today, I’m happy to report that the state of the Union and the state of our economy is strong,” Biden screamed to reporters Friday.
“We learned this morning that the economy has created 517,000 jobs just last month — more than half a million jobs in just the month of January. And in addition, we also learned that we — there were half a million more jobs created last year than we thought.”
“And even as the job market reaches historic highs, inflation continues to come down. Inflation has now fallen for six straight months. Gas prices are down more than $1.50 a gallon since their peak. Food inflation is falling as well. And as inflation is coming down, take-home pay for workers is going up. Real wages are up. Wages for lower-income and middle-income workers have gone up even more,” Biden gloated.
Ah, Biden with his rose-colored glasses. The reporter quickly burst into his bubble and asked: “Do you take any blame for inflation, Mr. President?”
“Am I taking blame for inflation?” Biden asked.
“Correct,” According to the reporter.
“No.”
“Why not?”
“Because it was already there when I got here, man. Remember what the economy was like when I got here? Jobs were hemorrhaging. Inflation was rising. We weren’t manufacturing a damn thing here. We were in real economic difficulty. That’s why I don’t,” Biden said.
Well. I don’t know where to start. There are so many lies here uttered by the president of the United States that it’s hard to unpack them all.
INFLATION BY NUMBERS
Let’s start with inflation, which a few months ago hit a 40-year high. In December 2020 (the last month of President Donald Trump’s term), the inflation rate was 1.4%. according to the Bureau of Labor Statistics (BLS). The average for the entire year of 2020 was 1.2%, data show.
But after Biden killed the Keystone XL pipeline, froze student debt collection, rejoined the Paris climate accords, made a pathway for illegals to gain citizenship, and halted construction on the border wall — all actions he took on Day 1 — inflation started to climb.
In his first six months in office, inflation went from 1.4% to 5.4%. It was worse in 2022, rising to 9.1% by June. But Biden is a highly skilled liar: Inflation has fallen for six straight months — all the way down to 6.5%. The average for 2022 was 8%, soaring from 1.2% in 2020.
Now, some people argue that the president shouldn’t take credit for a good economy and certainly doesn’t deserve the blame for a bad one. But in Biden’s case, he definitely deserves the blame.
“Economists say Biden’s pandemic relief policies including the American Rescue Plan exacerbated matters, by giving Americans too much money to spend when goods and services supplies were too low, which drove prices higher,” PolitiFact wrote on Monday.
It was Biden’s “most profound failure and policy error,” Douglas Holtz-Eakin, president of the center-right American Action Forum, told the fact-checking site.
GAS PRICES BY THE NUMBERS
Then there are gas prices. When Biden took office, a gallon of regular averaged $2.38. Today it’s $3.46, according to the American Automobile Association (AAA).
That’s nearly 50% higher (46% to be exact) than it was when Biden took office. And remember, by February 2022, the eve of Russia’s war in Ukraine, the price had already risen above $3.50 — which negates Biden’s endless claims of “Putin’s price hike” at the pumps.
In addition to canceling the Keystone XL pipeline, Biden also suspended new federal oil and gas leases, hiked drilling fees on federal land, and mandated that all federal vehicles be zero emissions.
“The Biden administration has waged a war on supply and prices have skyrocketed,” Sen. Ted Cruz (R-TX) said last April. “This is not an accident. This is not Putin. This is Joe Biden and the Democrats in the Green New Deal and they’re desperately looking for a political excuse to blame somebody else for the consequences of what they promised they would do to the American people.”
But again, Biden is a true snollygoster, mendacious to the core. Gas prices are down more than $1.50 from their peak — a gallon of regular averaged $4.93 in June. But see above — still up 46% since he took office. And they’re going up again — the average was $3.21 in
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