Joe Biden Misleadingly Says Inflation 'Going Down'

Ireland News News

Joe Biden Misleadingly Says Inflation 'Going Down'
Ireland Latest News,Ireland Headlines
  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

China Joe isn't just incompetent and corrupt. He's also a massive liar and pusher of disinformation.

President Joe Biden misleadingly claimed Friday that inflation had gone down if you did not count food and gas, even though overall inflation went up.

But month-to-month core inflation in May was actually at 0.6 percent, the same percentage as it was in April. “Core inflation fell on a year-over-year basis because we’re now over a year into decades high inflation. Last May, core prices were up 3.8 percent, the highest rate since 1992, outpacing expectations of economists. As a result, the year-over-year figure reflects already high prices in May of 2021.”

“Since I took office, families are carrying less debt on average in America, they have more savings than they’ve had,” he continued,The president did not offer any solutions to solve inflation, despite calling it his “top economic priority.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BreitbartNews /  🏆 610. in US

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Opinion | 'Let Biden Be Biden' Isn’t the Solution — It’s the ProblemOpinion | 'Let Biden Be Biden' Isn’t the Solution — It’s the ProblemOpinion: Biden somehow decided during the 2020 election he was the revolutionary figure the country had long been waiting for. His hand has proven anything but steady.
Read more »

Joe Biden Returns To In-Person L.A. Fundraisers On Friday With Two DNC EventsJoe Biden Returns To In-Person L.A. Fundraisers On Friday With Two DNC EventsPresident Joe Biden will headline two fundraisers on Friday as he winds down his swing through Los Angeles, raising money for the Democratic National Committee at the events that are expected to dr…
Read more »

Joe Biden pressed by Jimmy Kimmel on gun control: 'Can't you issue an executive order?'Joe Biden pressed by Jimmy Kimmel on gun control: 'Can't you issue an executive order?'President Joe Biden explained his refusal to issue a sweeping executive order on gun control while on 'Jimmy Kimmel Live!' Wednesday.
Read more »

Joe Biden Discusses Plan to Fight Abortion Decision, Urges Voters to Focus on Gun PolicyJoe Biden Discusses Plan to Fight Abortion Decision, Urges Voters to Focus on Gun PolicyThe president visited 'Jimmy Kimmel Live!' for his first in-studio late-night appearance since the inauguration.
Read more »

Biden tells Kimmel gas prices oil companies' fault: ‘Nobody’s listening to him,' economics professor saysBiden tells Kimmel gas prices oil companies' fault: ‘Nobody’s listening to him,' economics professor saysFox News contributor Brian Brenberg discussed the president's appearance on 'Jimmy Kimmel Live!' where he painted a positive picture of U.S. economic conditions.
Read more »

Biden says 'Putin's tax on both food and gas' is to blame for record-high inflationBiden says 'Putin's tax on both food and gas' is to blame for record-high inflationPresident Biden on Friday said the United States “has never seen anything like Putin’s tax on both food and gas,” after the Labor Department announced Friday that inflation hit a new four-decade high in May.
Read more »



Render Time: 2025-03-06 13:58:58