BS.
October 13 2022
"Americans are squeezed by the cost of living: that’s been true for years, and they didn’t need today’s report to tell them that," Biden said in a statement.
The consumer price index rose 0.4% last month after gaining 0.1% in August, the Labor Department said in its report, on
hikes in rent and food. In the 12 months through September, the CPI increased 8.2% after rising 8.3% in August.
Biden said the consumer price index shows some progress in the fight against higher prices but there is more work to do.
The White House noted that inflation over the last three months has averaged 2% at an annualized rate, down from 11% in the prior quarter.
BS.
September 10 2010
Obama sought credit for promoting economic policies that he said have helped middle-class Americans and laid a stronger foundation for the future. But he acknowledged that economic recovery overall has been "painfully slow."
To move forward, Obama called on Republicans to support proposals he unveiled this week to extend tax breaks for businesses and to spend an additional $50 billion on infrastructure projects.
With republicans.