http://twitchy.com/amy-curtis/2024/02/25/biden-inflation-lies-again-n2393263
The media may call Biden's incorrect statements 'embellishments', but we'll call them what they really are: lies.
And here he goes again:
Joe Biden (@JoeBiden) ~ Inflation is now lower in America than any other major economy in the world.
We have more to do, but we’re seeing real evidence that American consumers are feeling real confidence in their economy again.
*********************************************************
Community Notes - Readers Added Context:
According to the Financial Times, as of Feb 24, multiple major economies have lower inflation than the US.
3.1% US, Jan 2024
2.8% South Korea, Jan 2024
2.6% Japan, Dec 2023
1.8% Taiwan, Jan 2024
-0.8% China (deflation), Jan 2024
FT updates continually. Latest data shown.
http://www.ft.com/content/088d3368-bb8b-4ff3-9df7-a7680d4d81b2
*********************************************************
Inflation in the United States is higher than the Eurozone, Japan, and China. In fact, Japan's inflation is 2.6%, while the United States sits at 3.09%.
We get that math is hard, but numbers don't lie.
The president, however, does.
Hollaria Briden, Esq. (@HollyBriden) ~ {Replying to @JoeBiden} I put a pack of chicken breasts on layaway today. Thanks to you I’ll have them in time for Easter.
Layaway for groceries is a joke today, but may be reality tomorrow.
Mythinformed (@MythinformedMKE) ~ {Replying to @JoeBiden} Lies. Gaslighting. Lies.
That's all this is.
Brendon Leslie (@BrendonLeslie) ~ {Replying to @JoeBiden} And still much higher than the previous administration!
Aye, there's the rub. It's still higher than under Trump. So it doesn't matter if it's lower -- the cost of everything has still gone up.
We can see this.
Toxic Something Podcast - w/ Keith Burgin (@KeithBurgin) ~ {Replying to @JoeBiden} I'm not sure how many times we need to say this, but we don't live anywhere else. We don't care what other people are paying. Our prices are almost 20% higher than when you took over. Interest rates and homes are beyond reach for most Americans. Stop screwing us over.
Setting aside Biden's lies, you mean you're not comforted by knowing people in Japan are paying less for food?
Weird.
GeorgieGirl44 (@georgie_girl44) ~ {Replying to @JoeBiden} Prices are going up slower, gee thanks. They’re still high because of your policies.
Yep. The buck stops with Biden.
Pat Mcdonaldson (@pat_mcdonaldson) ~ {Replying to @JoeBiden} Do you ever get tired of being wrong? It seems that in this one area, you have amazing stamina for your age.
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence