President Joe Biden has once again proven beyond a shadow of a doubt that his brain is suffering from some sort of decline and needs to take a test to confirm the diagnosis immediately.
Biden, according to The Daily Wire, made the claim on Wednesday that the U.S. had “zero percent inflation in the month of July” while completely turning a blind eye to the fact that the Bureau of Labor Statistics’ Consumer Price Index Report said that inflation went up 8.5 percent year-over-year.
How much more do Democrats need to see before they finally give up the ghost and actually get this guy a cognitive test? We all know they are trying to cover this up, but it’s clearly impossible to do so. The things they do in order to try and hide the truth only make it more obvious to the rest of the American people.
Test this man. Like yesterday.
Here is more information from the Daily Wire report:
On Wednesday, the Consumer Price Index Report revealed that the rate of inflation is down from June’s 9.1% inflation rate. It did show that “zero percent” inflation occurred from June to July but that the country still experienced an increase in prices overall compared to a year ago.
In reaction to the news, an elated Biden told the press, “Today we received news that our economy had zero percent inflation in the month of July. ZERO percent. Here’s what that means, the price in of some things go up, went up last month, the price of others went down the same amount — the result: zero inflation last month. People are still hurting but zero inflation.”
Biden: “Today we received news that our economy had zero percent inflation in the month of July. ZERO percent.”pic.twitter.com/fQ07bA7KCK
— Daily Wire (@realDailyWire) August 10, 2022
The president’s White House chief of staff, Ron Klain, also shared Biden’s claim on Twitter.
NPR host Asma Khalid went on to provide a little extra context to the idea, posting, “To be clear, inflation dipped from a 40-year high. The Labor Department reported this morning that consumer prices in July were 8.5% higher than a year ago.”
To be clear, inflation dipped from a 40-year high.
The Labor Department reported this morning that consumer prices in July were 8.5% higher than a year ago. https://t.co/EIp5CkJut8
— Asma Khalid (@asmamk) August 10, 2022
Klain then went on to make another claim, saying that wages during the month of July were also up. Oren Cass, who serves as the executive director of American Compass, noted this is not entirely accurate either.
“I have a lot of tolerance for politicos spinning data,” Cass went on to say in a tweet. “It’s their job. But saying ‘Wages up’ shows a heckuva disdain for the reality facing working families these days. ‘Real average hourly earnings decreased 3.0 percent, seasonally adjusted, from July 2021 to July 2022.’ -BLS”
I have a lot of tolerance for politicos spinning data. It’s their job.
But saying “wages up” shows a heckuva disdain for the reality facing working families these days.
“Real average hourly earnings decreased 3.0 percent, seasonally adjusted, from July 2021 to July 2022.” -BLS https://t.co/ziwYM3OUEp
— Oren Cass (@oren_cass) August 10, 2022
“Indeed, a look at the data shows that real wages are still down from a year ago, even though they increased from June to July,” the Daily Wire report stated.
All of this is happening at the same time that folks within the current administration are endorsing the Inflation Reduction Act, which is a $740 billion spending package that happens to have some pork stuffed in it, including $369 billion for climate change.
Vice President Kamala Harris already cast the tie-breaking vote earlier in the week.
“This bill tackles inflation by lowering the deficit and lowering costs for regular families,” Biden went on to say when the bill passed in the Senate. “It addresses the climate crisis and strengthens our energy security, creating jobs manufacturing solar panels, wind turbines, and electric vehicles in America with American workers… it pays for all this by establishing a minimum corporate tax so that our richest corporations start to pay their fair share.”
This story syndicated with permission from michael, Author at Trending Politics
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