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Home»Politics»KJP claims Americans ‘feel better’ about their finances thanks to Biden — then pesky facts get in the way
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KJP claims Americans ‘feel better’ about their finances thanks to Biden — then pesky facts get in the way

June 27, 2023No Comments3 Mins Read
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White House press secretary Karine Jean-Pierre was fact-checked Monday after claiming Americans are more financially confident thanks to President Joe Biden.

At the press briefing, CNN reporter Jeremy Diamond asked why the White House is boasting about “Bidenomics,” citing polling that shows an overwhelming majority of Americans disapprove of Biden’s handling of the economy.

“Is there a risk that this new branding could backfire?” the reporter asked.

But if Jean-Pierre’s response is any indication, it’s clear the White House does not believe its fantasy narrative will backfire.

“Look, 13 million jobs. Again, when you think about how Americans feel better about their personal finances, that is important,” she said. “When you think about wages are going up, when you think about the really good paying, millions of good paying jobs, that union jobs that his policies are going to create, all the things are really incredibly important. So the president’s going to continue to speak to that.”

06/26/23: Press Briefing by Press Secretary Karine Jean-Pierreyoutu.be

What was the response?

Jean-Pierre’s assertion went viral on social media precisely because it shows the disconnect between reality and the Biden administration’s narrative.

  • “What world is she living in?

    Inflation is the highest it’s been in 40 years. Nearly 80% of Americans think the country is headed in the wrong direction.

    A vast majority of Americans can’t find $1k in emergency funds.

    Biden has FAILED America,” Rep. Wesley Hunt (R-Texas) responded.

  • “Gaslighting at its finest.

    3/4 people believe the country is on the wrong track (74%),” Rep. Max Miller (R-Ohio) responded.

  • “Prices have increased 15.5% and real wages have decreased 3.2% since President Biden took office.

    Americans are getting crushed because of Biden’s policies,” Rep. Guy Reschenthaler (R-Penn.) pointed out.

  • “The only people in America who feel better about their personal finances are the Biden Crime Family,” Rep. Bob Good (R-Va.) quipped.
  • “Stock market is down, food cost are up, rent is up, gas is up, savings are going down……. I feel so much better,” another person mocked.

It’s not true that Biden has created 13 million jobs. While the economy may have added that many jobs since Biden became president, the vast majority of those jobs represent people who returned to the workforce after pandemic lockdowns.

Inflation, meanwhile, is still high at 4% — twice the Federal Reserve’s targeted rate, while American households are carrying more debt and less savings. Corporate bankruptcies and foreclosures are up too.

None of these are metics of a thriving economy. Indeed, only one-third of Americans approve of Biden’s job on the economy while even fewer (24%) believe the economy is in good shape, a recent Associated Press-NORC poll found.

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See also  Buffett’s successor says Americans are ‘struggling’ after $6.8B housing bet. Turn the ‘bumpy road’ into real wealth now
Americans Biden claims Facts Feel Finances KJP pesky
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