The Facts: State Of Biden’s Abysmal America
View Source | February 7, 2023 3:17 pm
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- President Joe Biden will deliver an hour-long address to America on Tuesday, laying out just how great everything is and delivering a mind-numbing laundry list of everything he hopes to do in the future. But the numbers tell a different story. Here’s the reality:
- Let’s start with inflation, which a few months ago hit a 40-year high. In December 2020, the last full month in office for President Donald Trump, the rate of inflation was 1.4%, according to the Bureau of Labor Statistics (BLS). The average for the entire year of 2020 was 1.2%, data show.
- But after Biden killed the Keystone XL pipeline, froze student debt collection, rejoined the Paris climate accords, made a pathway for illegals to gain citizenship, and halted construction on the border wall — all actions he took on Day 1 — inflation started to climb.
- In his first six months in office, inflation went from 1.4% to 5.4%. It was worse in 2022, rising to 9.1% by June. But Biden is a highly skilled liar: Inflation has fallen for six straight months — all the way down to 6.5%. The average for 2022 was 8%, soaring from 1.2% in 2020.
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