Joe Biden is watching his administration fall apart at the seams. And he only has himself to blame.
He inherited a recovering economy. But he deliberately reversed nearly all of Trump’s policies, while triggering inflation with his trillion-dollar spending bill.
Now, like a typical Democrat, he is trying to blame Trump for all his sins. But we’re not standing for it.
President Joe Biden attempted to rally union workers and makes statements that are at odd with statistics as his administration faces record low approval ratings…
“We inherited an economy on the brink of a great depression,” Biden claimed. “Millions of people losing their jobs, losing their their homes.” […]
According to the National Review, Biden’s repeated claim about inheriting the worst economy in 90 years has “no basis in reality.” The publication noted, the unemployment rate was lower when Biden first took office than the first five years of the Obama-Biden administration. In the third quarter of 2020, the GDP increased 33.4 percent and in the fourth quarter growth was at 4 percent.
Biden can claim this all he wants, but that’s not going to make it true. The “president” claimed that he inherited an economy on the “brink of a great depression.”
Totally false. You know there is a big difference between being on the “brink” of something and actually being in it.
But that doesn’t change the fact that the statistics don’t support his claim. The unemployment rate when Biden took over was lower than in the “first five years of the Obama” administration.
We saw record recovery through the end of 2020, which many called a “V-shaped” trend.
The reason the economy is in a mess today is because Biden mishandled every policy from the start.
He flooded the economy with $1 trillion in deficit spending, triggering historic inflation. But that was only the tip of the iceberg.
He shut down our energy production, leading to historically high gas prices. He’s failed to fix the supply chain crisis, leading to record-high prices.
He’s opened the border, leading to a national security crisis (that also affects the economy). And he is sending billions to foreign nations in the form of aid—while Americans can’t buy baby formula.
Yet this clown blames Trump, who always put Americans first. Even without the numbers, we can see Biden is lying.
- Joe Biden falsely claimed he inherited an economy “on the brink of a great depression.”
- Unemployment was better than during the first five years of Obama’s administration.
- Biden derailed the economy with drastic spending and poor leadership.