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White House Falsely Claims Bidenomics Is “Lowering Costs” Despite It Causing Prices To Increase By 17.1%

  • Joe Biden Confused Economy
Earlier this week, White House press secretary Karine Jean-Pierre falsely claimed that President Biden and Bidenomics are “lowering costs” for hardworking Americans. 
MAKE NO MISTAKE: Since Biden took office, prices have risen 17.1%. America’s surging inflation crisis is a direct result of Biden and Extreme Democrats’ reckless spending, which House Republicans are committed to reining in. 
  • Inflation is a tax on ALL Americans. 
  • Americans are paying more for just about everything because of inflation.
  • When Joe Biden took office, inflation was at just 1.4%. 
  • Prices have risen by 17.1% since Biden took office.
  • Under Joe Biden’s failed economic agenda, Americans are spending $709 more per month to buy the exact same goods and services than they did just two years ago.
  • According to a recent AP/NORC poll:
    • “About two-thirds of adults say their household expenses have risen over the last year.”
    • 73% describe the national economy as poor.
  • According to a recent WSJ/NORC poll only 36% of voters said the American dream still holds true, substantially fewer than the 53% who said so in 2012 and 48% in 2016.
  • In October, total nonfarm payroll employment increased by 150,000, falling well short of the 189,000 economists expected.