four more Biden lies:
4: “Two years ago, our economy was reeling.”
President Trump presided over the fastest economic recovery in American history, with the economy expanding by 11 percent
in his last six months in office. Unfortunately, instead of simply continuing Trump’s policies and riding his coattails to a rapid resurgence, Biden seized the opportunity to pass several trillion dollars’ worth of unnecessary spending that fueled historic inflation, putting a tremendous burden on small business owners and ordinary Americans.
5: Oil companies have “invested too little of th[eir] profit to increase domestic production and keep gas prices down.”
Oil companies would like to expand production to take advantage of high oil prices, but the Biden administration’s green energy policies make this very difficult. According to Heritage Foundation energy analyst Katie Tubb, the administration
“has proposed or finalized regulations that restrict nearly every aspect of the oil industry: financing and private-sector investment, exploration and production, pipeline construction and operation, and consumer use.”
6: “Now, thanks to all we’ve done, we’re exporting American products.”
The same day as the State of the Union address, the government released 2022 trade figures showing the country hit a record trade deficit
of almost $1 trillion last year. That’s up 12.2 percent compared to 2021, precisely the opposite direction of Biden’s claim.
7: The wealthy don’t “pay their fair share.”
This stale Democrat talking point seems to make it into every stump speech. But it couldn’t be further from the truth. The top 1 percent of highest-earning Americans pay nearly 50 percent
of the nation’s income taxes — about twice their “share” of national income. According to a WalletHub analysis
, the top 100 American corporations pay an effective tax rate of nearly 20 percent.
President Biden’s State of the Union address was full of lies and mistruths. They betray the desperation of a president with 38 percent job approval on the economy, 16 percent of the population bet…