While the president demonized people that do not agree with him he claimed that the economy is growing and things are getting back to normal.
BIDEN: “America’s economy is faster, stronger than any other advanced nation in the world.”
We’re in a recession. pic.twitter.com/PiUacXCo0C
— RNC Research (@RNCResearch) September 2, 2022
Well, the unemployment numbers came in, and they are bad. In the month of August, it rose to 3.7%, and it is expected to get worse. The White House had projected that if they created 300,000 new jobs, unemployment would stay at 3.5%.
The numbers came in the same day retailer Bed Bath & Beyond announced they are going to be closing stores and laying off employees.
JUST IN: Bed Bath & Beyond announces plans for layoffs and store closures in its push to fix its struggling business. https://t.co/0kawkxQLbF pic.twitter.com/nGItmYE7CI
— CNBC (@CNBC) August 31, 2022
Even CNBC is warning -without saying it – that we are headed into a deep recession while our president claims it doesn’t exist.
CNBC: Americans will be “concerned” about this month’s jobs report — which indicates a “softening of the labor market that does bring the unemployment rate up and [will] continue to go up” pic.twitter.com/1nwPQrU7ee
— RNC Research (@RNCResearch) September 2, 2022
Economist Tyler Goodspeed: “the pattern here is we see job vacancies start to come down, employers reduce job openings, and then they start reducing hours, and then they start reducing hiring, and introduce layoffs” pic.twitter.com/ubqemL2tyz
— RNC Research (@RNCResearch) September 2, 2022
When discussing the economy, Biden forgot who his own commerce secretary was:
BIDEN, getting the name of his own Commerce Secretary wrong:
“As Secretary Mundo just said, and I guess I wasn’t supposed to start his off, was I? Come to think of it, all the sudden it dawned on me, I was supposed to let her speak first.” pic.twitter.com/WBqHyX4iRC
— RNC Research (@RNCResearch) September 2, 2022
What may be the most concerning is that the August report showed that 1.9 million Americans have still not reentered the workforce after their employer closed or lost business due to Biden’s draconian COVID policy in 2021.
