Joe Biden is literally bragging about U.S. economic growth slowing to 1.1% in the first quarter while inflation remains absurdly high.
Today’s first quarter 2023 GDP Report shows personal disposable income and consumer spending are up –
— President Biden (@POTUS) April 27, 2023
Our economy remains strong as we transition to stable growth.
And with 12.5 million new jobs and near record-low unemployment, my economic plan is working.
As CNBC notes, there’s another way to describe what Biden is bragging about: “dreaded stagflation.”
THE FACTS: In Biden’s America, costs are up, real wages are down, savings are depleted, and personal debt levels have skyrocketed. Indeed, Americans have lost over $10,000 on average paying for the increased cost of living since Biden took office.
It’s why 83% of Americans have a negative view of the economy. But in Biden’s warped view of reality, that’s a sign his “economic plan is working.” We can’t let Biden “finish the job.”
