(Daily Mail) Having already lied about gas prices being down compared to when he took office, he was asked by a reporter about the 8.2 percent inflation America is currently dealing with.
The reporter from News Nation asked: ‘You’ve referred to the midterm election as a choice rather than a referendum. Given record inflation, why should voters choose Democrats?’
Biden replied: ‘Because it’s not record inflation anymore, I’m bringing it down. Look what we inherited.’
While inflation is down slightly from a 40-year-high in June of 9.1 percent, the 8.2 percent is still higher than at any point in the previous four decades.
President Joe Biden stretched the truth during an interview on Thursday where he claimed that the United States wasn’t suffering record inflation
While inflation is down slightly from a 40-year-high in June of 9.1 percent, the 8.2 percent is still higher than at any point in the previous four decades
Biden got some mildly good news earlier this week when it was announced the country’s GDP grew by 2.6 percent in the third quarter of 2022, the first time it had grown since the fourth quarter of 2021
It all comes with voters set to pick a new Congress and much of the Senate in just 11 days.
Voters told a Suffolk University/USA Today poll that inflation and the economy are the most important issues they face headed into the polls, with 36.7 percent choosing it over abortion, who controls Congress, immigration and crime.
Biden got some mildly good news earlier this week when it was announced the country’s GDP grew by 2.6 percent in the third quarter of 2022, the first time it had grown since the fourth quarter of 2021.
‘We’re down $1.25 Since the peak this summer, and they’ve been falling for the last three weeks as well as well, and adding up real savings for families today.,’ Biden said.
‘The most common price of gas in America is $3.39 down from over $5 When I took office,’ he continued.
The average cost of a gallon of gas on the AAA site was $3.76 Thursday. When he took office, it was averaging $2.39 – or about half what he said it was then – according to the Energy Information Institute.
Prices spiked starting the spring of 2020 after pandemic drops before Biden took office, through Russia’s invasion of Ukraine in February, and topped out in July – causing political headaches for Biden and Democrats.
He also accused Shell oil of misusing its record profits that were announced Thursday. The company said earlier its third-quarter profit was a near-record $9.45 billion. Biden accuses oil firms and refiners of not passing on savings to consumers.
Biden made the comments on a trip to Syracuse, New York, where he attended law school and met his first wife, Nelia Hunter. Many family members were in attendance. It came as Democrats are scrambling to keep control of Congress.