Biden is LYING about the Economy

Votar Roja

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Sep 11, 2023
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Biden is LYING about the Economy

Inflation on the rise, job growth stagnating—Trish Regan dissects the latest economic numbers to uncover the real story behind Joe Biden's false claims of success.





Consumer inflation is on the rise again.

The personal consumption price expenditures (PCE) price index rose 3.3 percent in July compared with 12 months earlier, the Bureau of Economic Analysis said Thursday. This was the first acceleration in PCE inflation since April and follows the three percent reading in June.

The PCE price index climbed 0.2 percent compared with a month earlier, matching the June gain and up from May’s 0.1 percent. Before rounding, month-to-month inflation actually edged up a bit, rising 0.213 percent compared with June’s 0.205 percent.

Services prices rose 0.4 percent for the month and goods prices declined by 0.3 percent. Food prices climbed 0.2 percent. Energy prices rose 0.1 percent.

Core PCE inflation, which excludes food and energy costs, rose 4.2 percent on an annual basis, up from June’s 4.1 percent reading. On a monthly basis, core PCE prices were up 0.2 percent, matching the June figure after rounding and slightly exceeding it prior to rounding.
 
Trish is a looker and she's also right about Biden. But in Biden's defense, I really don't think he's lying about our economy because you can't lie about something you don't understand, and Biden's party is clueless about our economy.
It didn't take them long to screw it up.
 
Trish is a looker and she's also right about Biden. But in Biden's defense, I really don't think he's lying about our economy because you can't lie about something you don't understand, and Biden's party is clueless about our economy.

Na, our resident finiancial expert Mac1958 would disagree with you. Biden has us on the right track economically, but then again, these are the same lemmings that believed the completely uninformed sentiment that this inflation was transitory.
 
Biden is LYING about the Economy

Inflation on the rise, job growth stagnating—Trish Regan dissects the latest economic numbers to uncover the real story behind Joe Biden's false claims of success.





Consumer inflation is on the rise again.

The personal consumption price expenditures (PCE) price index rose 3.3 percent in July compared with 12 months earlier, the Bureau of Economic Analysis said Thursday. This was the first acceleration in PCE inflation since April and follows the three percent reading in June.

The PCE price index climbed 0.2 percent compared with a month earlier, matching the June gain and up from May’s 0.1 percent. Before rounding, month-to-month inflation actually edged up a bit, rising 0.213 percent compared with June’s 0.205 percent.

Services prices rose 0.4 percent for the month and goods prices declined by 0.3 percent. Food prices climbed 0.2 percent. Energy prices rose 0.1 percent.

Core PCE inflation, which excludes food and energy costs, rose 4.2 percent on an annual basis, up from June’s 4.1 percent reading. On a monthly basis, core PCE prices were up 0.2 percent, matching the June figure after rounding and slightly exceeding it prior to rounding.

No! Tell me it ain't so. Biden looked Americans in the eye in 2020 and told us he would always be honest with the American people.
 
Biden

potato-french-fries.gif
 
Yes of course he is lying....what is he going to do, tell the truth about how demafascsit have made a record number of Americans worse off since they took power?
 
Inflation is at 0.2 MoM, which is the normal level of inflation
Biden has record lows in unemployment, a 50 year low
The FED will be able to cut rates and the economy will continue to boom.

This is more crying from the party that gave us the Big Bush blow up in 2007, and the mega Trump debt and deficit (25% of our total debt in just 4 years).

Biden's recor don the economy is much better than that of Bush or Trump.
 
Inflation is at 0.2 MoM, which is the normal level of inflation
Biden has record lows in unemployment, a 50 year low
The FED will be able to cut rates and the economy will continue to boom.

This is more crying from the party that gave us the Big Bush blow up in 2007, and the mega Trump debt and deficit (25% of our total debt in just 4 years).

Biden's recor don the economy is much better than that of Bush or Trump.

LOL. Pure nonsense and fake news.
 
LOL. Pure nonsense and fake news.
pure fact
Inflation is at 0.2% mom, that is the FEDs target.


Biden also has unemployment at a 50 year low and the best labor market in US history

You have nothing but tears.
watch when the FED cuts rates and the economy booms like in 1995, under another democrat.

All our failure and debt and failed wars and crashes are under republicans. All our boom and best times are under democrats.
 

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