Biden Denies Economic Reality in CNN Interview: "The Polling Data Has Been Wrong All Along"

Article by Steve Watson, Modernity.news

Biden's Shocking Response to Economic Statistics

In a challenging CNN interview that aired on Wednesday, President Joe Biden appeared taken aback when host Erin Burnett presented a series of statistics highlighting the poor state of the economy. Instead of outlining plans to rectify the situation, Biden dismissed the reality of the situation and insisted that all polls showing Americans favoring Trump's handling of the economy are incorrect. Burnett pointed out that a significant majority of voters trust Trump more on economic matters. She cited several reasons for this, including the doubling of home prices, a decrease in real income when adjusted for inflation, economic growth far below expectations, and consumer confidence nearing a two-year low.

Biden's Claim of Economic Turnaround

When asked by Burnett if he was concerned about running out of time to improve the economy, Biden responded with a surprising claim that the economy had already been turned around. He further stated that the polling data has been incorrect all along. Biden's reaction to the economic statistics presented by Burnett left many viewers stunned, with some suggesting that he appeared to be hearing this information for the first time.

Biden's Response to Rising Grocery Prices

When Burnett brought up the fact that grocery prices have risen by nearly a third, Biden dismissed the concern, asserting that Americans "have the money to spend." He also repeated the widely debunked claim about creating millions of jobs, which many argue is misleading because it includes jobs reinstated after the pandemic.

Biden's Misrepresentation of Inflation Rates

In a shocking statement, Biden claimed that inflation was at 9 percent when he took office, a significant misrepresentation of the actual rate of 1.4 percent at the time. Inflation did reach a peak of 9.1 percent, but this occurred 17 months after Biden assumed office. Since Biden's inauguration, the average prices of goods and services have increased by 19 percent, as per data from the Bureau of Labor Statistics. In contrast, during Trump's four-year term, prices rose by 8 percent, or roughly 2 percent per year, which aligns with the standard annual rate of inflation.

Conclusion

This interview has raised several questions about President Biden's understanding and handling of the current economic situation. It's crucial to have an open discussion about these issues and to stay informed. What are your thoughts on this matter? Do you agree with Biden's assertions, or do you believe the statistics paint a different picture? Share this article with your friends and encourage them to join the conversation. Don't forget to sign up for the Daily Briefing, which is delivered every day at 6 pm.