Biden is taking lying to a whole new level.
While making public remarks on August 10, 2022, Biden said, “Today, we received news that our economy had zero percent inflation in the month of July. Zero percent.”
“Here’s what that means: While the price of some things go up — went up last month, the price of other things went down by the same amount. The result: zero inflation last month. But people are hurting. But zero inflation last month. Economists look at a measure of inflation that ignores food and energy prices, and they call it “core inflation.” That’s about the lowest amount in several years — several months.”
“When you couple that with last week’s booming jobs report of 528,000 jobs created last month and 3.5 percent unemployment, it underscores the kind of economy we’ve been building,” Biden added.
Joe Biden is taking a victory because inflation “only” (sarcasm) grew 8.5% from the previous year.
Joe Biden takes a victory lap after inflation climbed 8.5% from last year. pic.twitter.com/znYT2U4fKx
— RNC Research (@RNCResearch) August 10, 2022
Biden also told another whopper claiming that wages are up.
BIDEN: “Wages are up this month.”
Real wages are DECLINING — and real income is LOWER than when Biden took office. pic.twitter.com/7fSDieSEYW
— RNC Research (@RNCResearch) August 10, 2022
In the real world, wages are down for the 16th straight month. So if wages are down along with unemployment, Americans are working at least two jobs to stay afloat in the Biden economy.
Real weekly earnings are down for a record 16th consecutive month.
Inflation-adjusted earnings have declined for 89% (16 of 18 months) of Biden’s presidency pic.twitter.com/IAgFtBaXJ6
— zerohedge (@zerohedge) August 10, 2022
There’s also another looming crisis on the horizon that nobody is talking about. A friend of mine just told me about it because he likes to prepare. With the drop in energy prices, he ordered heating oil for his home for the winter. The price for 500 gallons was almost what he would pay to heat his home for the entire year. With record high prices Americans are going to struggle to afford to heat their homes and Biden is too stupid to realize it.