President Biden asserted in a CNN interview that his administration’s job creation and inflation reduction efforts via Bidenomics surpassed those of predecessors. While acknowledging public concerns about corporate greed, he highlighted measures to address excessive bank fees and credit card charges.
Biden emphasized ongoing initiatives to lower rental costs and bolster housing availability in response to inflation worries. However, despite his claims, CPI inflation remained constant at 1.4% between January 2021 and December 2020.
Biden’s statements underscored the continued push to alleviate economic pressures while recognizing the imperative to curb corporate excesses.
Biden justifying Bidenomics claiming it reduced inflation
Anybody that has a lick of common sense can see the lies coming from the Biden Administration. It’s low iq voters that watch msm news network that can’t think for themselves. Or even do research.
— Sassafrass84 (@Sassafrass_84) May 8, 2024
Furthermore, people are saying that the cost of purchasing homes is significantly more expensive. Additionally, some claim that many Americans are trusting former President Trump more than the current President when it comes to the economy. Biden claims that the current polls are wrong.
Trump is better on everything.
— Fred (@Famester26) May 9, 2024
Following that, conservatives are saying that this is bad when even a CNN reporter is asking the President these questions. It appears that Americans are more keen towards Trump when it comes to the economic reality of the nation.
To be fair I remember my grandma having to do the same thing 25yrs ago
— Damn Yankee (@Egg_Shens) May 9, 2024
Others claim that thanks to Bidenomics, the elderly population in America now would have to choose between food and medicine. But, liberals disagree with this sentiment and claim that this has been going on for the last 20-30 years.
Read More News
Reduction again of Elizabeth Holmes’ prison sentence
The post Biden justifying Bidenomics claiming that he reduced inflation in America appeared first on The Independent News.