Biden falsely claims inflation 'worse everywhere but here,' but US rate higher than most developed countries

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

Biden claimed at Tuesday's AFL-CIO conference in Philadelphia that inflation is 'worse everywhere but here,' although the numbers tell a different story.

FOX Business’ host Stuart Varney on Jake Paul blasting the President over inflation, inviting the YouTube sensation onto his show to further discuss.

"Under my plan for the economy, we’ve made extraordinary progress," the president claimed. "And put America in the position to tackle a worldwide problem that’s worse everywhere but here."from April 2022, the U.S. inflation rate of 8.3% was one of the highest in the developed world, dwarfing Japan, France, Germany, Britain, Italy and Canada.

Now, just one month later, Americans are facing down a wholesale inflation rate of 10.8% that is putting even more pressure on people’s wallets. The Labor Department said Tuesday that its producer price index, which measures inflation at the wholesale level before it reaches consumers, climbed 10.8% in May from the previous year. On a monthly basis, prices grew by 0.8%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How can Biden be so ignorant about what is happening in the US. Isn't he supposed to be the president? Please won't someone let him retire ...go to the beach.

I almost feel sorry for him. He is delusional or people do not allow him to know the truth. He should be sitting on the porch with his grand kids.

And one would call this straight talking Joe? His whole agenda is the message and a narrative only the most stupid among us would swallow.

So what else is new? I'm wondering if anyone reminded the AFL-CIO that it was Biden who killed hundreds of union jobs when he killed the XLPipeline

US suffering highest inflation rates in 40 years

Global Inflation is a fact. Biden didn't falsely calm anything. From a economic GDP/Employment America is in the best position in the World. Inflation percentages are ever changing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

President Biden to visit Philly on Tuesday, speaking at AFL-CIO conventionBiden is scheduled to speak at the 29th AFL-CIO Constitutional Convention at the Pennsylvania Convention Center in Center City. Hope he can find his way there No thanks Joe..you are not welcome. Aaaaaaaand nobody cares
Source: 6abc - 🏆 250. / 63 Read more »

President Joe Biden Lands In Philadelphia To Speak At AFL-CIO National ConventionWATCH: President Joe Biden landed in Philadelphia just after 9 a.m. He is scheduled to speak at the AFL-CIO National Convention Tuesday. Traffic delays are expected at PHL Airport, on I-95, and around the Pennsylvania Convention Center. MORE➡️ Lol...can't wait to hear how great things are... Going to be a massive turn out of crowds to see Joe, better get there early. Imagine all the lies that this guys is going to say. Not 1 thing he promised during is camping came true
Source: CBS Philly - 🏆 308. / 63 Read more »

President Biden addresses economy, inflation at AFL-CIO National Convention in PhiladelphiaKeep an eye out for the Presidential Motorcade - President Biden is making his way to the “City of Brotherly Love” Tuesday morning. Setting aside ideology choice, Joe Biden’s real favorability rating sits under 10% Every American outside of government is squeezed by buffoonery of Joe Biden & his economic ineptitude I get it, Democrats would support a cadaver over a Republican, but they know Biden sucks too Somehow, he will blame the traffic his motorcade causes on Putin.
Source: fox5ny - 🏆 587. / 51 Read more »

Boxer Jake Paul blasts Biden for gas prices, inflation, claims Biden voters are ‘the American problem’Boxer and YouTuber Jake Paul slammed Joe Biden for rising gas prices, inflation, high rent, and more on Twitter. He also blasted Biden voters as 'the American problem.' Makes sense When liberals start calling out the dems they know their in Big Trouble!!! I hate this dude but I love what he said
Source: FoxBusiness - 🏆 458. / 53 Read more »

Fact check: Biden claims ‘liability shield’ for U.S. gun makers is one of a kindA law signed by President George W. Bush in 2005 says gun dealers and manufacturers...
Source: HoustonChron - 🏆 609. / 51 Read more »

US national security adviser meets China's top diplomat, paving way for potential Biden-Xi meetingUS national security adviser Jake Sullivan met in Luxembourg on Monday with the top Chinese diplomat for a 'candid, substantive, and productive discussion' at a tense moment between their two countries, according to the White House. Jake Sullivan should be investigated for fraud going back to Russia collusion hoax. If the United States does not take me out of Taiwan, there will be a day of threat and loss of life and money. 11 years ago, you did not stop... Taiwan in order to eliminate the United States. There is no freedom of speech in Taiwan... Be careful of your intelligence being betrayed.
Source: cnni - 🏆 326. / 59 Read more »