LTP News Sharing:
AP Photo/Evan Vucci
The news about the economy on Thursday was not great.
The U.S. economy entered 2023 with less momentum as growth cooled amid rising interest rates and high inflation.
U.S. gross domestic product grew at a seasonally adjusted annual rate of 2.9% in the final three months of 2022, down slightly from a 3.2% annual rate in the third quarter, the Commerce Department said Thursday.
But that didn’t stop Joe Biden from doing what he often does — lie about the economy. Good, bad, or indifferent, any news is a sign that his “economic plan” is working.
Does anyone know exactly what that plan is? I think it’s just to take credit for any positive news and blame other people for all the awful news that his policies have brought us over the past two years.
Biden has driven us into crushing inflation like we haven’t seen in decades because of his profligate spending but he keeps pretending he is pushing the most remarkable economic ideas ever.
“Analysts were saying by the end of the year there would be a recession,” Biden said. Then suddenly getting angry and loud, he yelled, “Every time we’ve gone, we’ve gotten better. They were wrong.”
Um, Joe? Every time you’ve “gone” where? We already hit the numbers that defined recession, despite you and your team pretending that we didn’t and trying to change the definition of a recession.
No, things haven’t gotten better and Joe should check that “plan” because it isn’t working.
Angry man yelling at clouds continued his rant.
“Where in the hell is it written that says America can’t lead the world in manufacturing again? Where is that written? I don’t know where it’s written. It’s not gonna be on my watch!” He then claimed he was getting “criticized internationally for focusing too much on America.”
Please tell me who those crazy people are.
But I can’t think of any sane and honest American who thinks he’s focused too much on America and it’s Americans who matter.
By the way, how much has he sent Ukraine of our money this week? His claim would be hilarious if it wasn’t so wrong.
By the way, guess when it was that we lost our number one manufacturing spot to China? It was in 2010, under Obama/Biden. So yes, Joe, it was on your watch.
Then he starts ranting about prices.
But he’s the one that has made prices higher for so many things — he’s the one crushing people. He should get angry at himself and change his harmful policies.
Then Biden tried to attack President Donald Trump over the debt which is incredibly hypocritical given Biden’s reckless spending. But he couldn’t even get that right and ended up hitting himself and he does that weird whispering thing again.
“No president added more to the debt in four years than my president,” he says. But as he says that, he’s looking out into the audience, and you see he was likely signaled that he got what he was saying wrong. Then he claimed he “misspoke.” But then corrected the “40 percent” of the debt he talked about to “25 percent” — he didn’t correct the “my president” part. I’m not even sure he understood he said it. Unfortunately, he finally said something right, that he’s put us further into a hole with how much he’s spent. He can spin and blame other people until the cows come home, but that’s the truth and it’s “not a joke.”