Biden's fantasy economy: Americans see through SOTU spin on jobs, inflation, deficits

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OPINION: Biden's fantasy economy: Americans see through SOTU spin on jobs, inflation, deficits

Arkansas Rep. French Hill and former Trump economic adviser Steve Moore analyze President Bidens second State of the Union speech on The Evening Edit.

Nonetheless, Biden wants to credit his economic policies. If anything, actually, Biden’s work-discouraging policies – such as massive welfare benefits that made staying home unemployed more profitable than going to work – have delayed and hobbled that recovery.So, let’s look at a few of Biden’s job creation claims.

We have created "12 million new jobs – more jobs created in two years than any president has created in four years." To believe this claim you also have to believe that people returning to work is the same as creating jobs. But even assuming that were true, President Trump created more jobs in 9 months than Biden has in 24. In February 2020, the US economy boasted 152 million jobs . States then shut down their economies and by April that number dropped by 22 million jobs to 130 million.

Source: Financial Digest (financialdigest.net)

 

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It's all one big con job. Just like the election.

While the market is open, why does Fox Business sell full screen commercials that keep me from seeing the numbers I need to see?

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