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Biden says economic strategy working after inflation rises to 40-year high and oil prices skyrocket
President Biden on Monday touted his administration's achievements in improving the economy, but noticeably failed to address key developments that have bit into the pocketbooks of many Americans.
www.foxbusiness.com
President Biden on Monday touted his administration's achievements in improving the economy, but noticeably failed to address key developments that are biting into the pocketbooks of many Americans.
Our economic strategy has worked – and it’s still working," Biden wrote in a tweet.
He claimed that 6.7 million jobs were created in 2021, unemployment is down nearly 4%, the economy has grown 5.7% and the deficit was reduced last year by $360 billion.
President Joe Biden speaks at Business Roundtable's CEO quarterly meeting, Monday, March 21, 2022, in Washington. (AP Photo/Patrick Semansky)
While some Twitter users praised Biden, others were critical of his stewardship of the economy, pointing to the highest inflation levels in 40 years and skyrocketing gas prices.
An example of a tone deaf President and media reporting distorted information that defies reality. why isn't Biden getting credit for the incredible results he is touting?
RealClearPolitics - Election Other - President Biden Job Approval - Economy
RealClearPolitics - Election Other - President Biden Job Approval - Economy
www.realclearpolitics.com