Biden concluded 2021 the same way he started it, lying about his record

[Counselor706]

President Biden concluded 2021 the same way he started it, lying about his record. He tweeted Wednesday, “We’re ending 2021 with what one analyst described as the strongest first-year economic track record of any president in the last 50 years.” Even Biden couldn’t make this wild claim directly without the desperate appeal to authority from an unnamed “analyst.”

You don’t need to be an analyst to recognize that this whopper should lay last-minute claim to “lie of the year” in any of the lists made by far-left activist journalists masquerading as independent fact-checkers at seemingly every mainstream media outlet. In reality, the economy is stagnant, with Americans falling further behind due to Biden’s bad policies.

Here are some inconvenient truths that destroy Biden’s argument: Inflation, as measured by the Consumer Price Index (CPI), is currently running at 6.8 percent, the fastest pace in 40 years. (As I argued in a recent op-ed, when you conduct an apples-to-apples comparison of how inflation is measured now versus 40 years ago, today’s inflation may actually match or even exceed President Carter levels.) The Producer Price Index (PPI), which measures the prices businesses pay for their inputs and is a forward indicator of the CPI, is increasing at a record 9.6 percent.

Biden’s biggest lie regarding his accomplishments comes when he talks about the labor market. He brags that he has created nearly six million jobs since he took office. But these are not new jobs. They are merely ones already created under President Trump that temporarily disappeared during the pandemic. By taking credit for the return of these jobs, Biden is committing the same logical flaw as President Obama, who claimed he was a jobs president by pointing to people returning to work after the Great Recession.

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[LukSkyFokker]

Stock markets are up and unemployment is down from this time last year. Isn't that all that matters to the Trumplitards?

 

[Bud_Spencer]

Stock markets are up and unemployment is down from this time last year. Isn't that all that matters to the Trumplitards?

No. Real wags are down, thanks to Joey Musbrain's spending-induced inflation, and that was a centerpiece of Trump's agenda, one he successully pulled off by limiting ilegal immigration. Also, labor force participation is down by about 4 million workers who would otherwise be adding to the unemployment percenage.

 

[LukSkyFokker]

No. Real wags are down, thanks to Joey Musbrain's spending-induced inflation, and that was a centerpiece of Trump's agenda, one he successully pulled off by limiting ilegal immigration. Also, labor force participation is down by about 4 million workers who would otherwise be adding to the unemployment percenage.

Are any of my facts untrue, Dud?

 

[Bud_Spencer]

Are any of my facts untrue, Dud?

No, but the stock market isn't that indicative of the health of the economy and is more tracking the Fed's loose-money policy. As far as UE goes, the U6 is a broader indicator and more accurately expressed UE than the U3, and the U6 is 7.4% currently.

 

[LukSkyFokker]

Stock markets are up and unemployment is down from this time last year. Isn't that all that matters to the Trumplitards?

No.

Are any of my facts untrue, Dud?

No

New Year's Day Day Drinking at Dud's!

Fuck outta here, dipshit.

 

[Bud_Spencer]

New Year's Day Day Drinking at Dud's!

Fuck outta here, dipshit.

I can say without fear of contradiction that your Tourette's is flaring up again, but just as with the numbers you cite, that doesn't speak to the health of the economy.

 

[LukSkyFokker]

I can say without fear of contradiction that your Tourette's is flaring up again, but just as with the numbers you cite, that doesn't speak to the health of the economy.

But the factual numbers hit the true Trumplitard metric of unemployment being low and the stock markets blowing up.

 

[BabyBoomer50s]

Tough to say if he was lying or confused. There have been occasions where he didn’t even know what state he was in.