Biden’s Inflation Denial Draws Scorn and Criticism
Biden’s Inaccurate Claim on Inflation
President Biden has come under fire for his claim that he inherited 9% inflation when he took office in January 2021. News outlets across the globe have stated that when Biden entered the White House, inflation was 1.4%. Inflation later surged to 9.1% in June 2022, 17 months after Biden took office.
Eric Trump’s Scathing Response
Eric Trump, son of former President Donald Trump, has attacked Biden for his comments. He shared the news report on Biden’s remarks on X, adding a sarcastic caption that labeled Biden a “clown.”
White House Attempt at Damage Control
A White House spokesperson made an attempt to justify Biden’s comments, suggesting that the coronavirus pandemic had already set inflation into motion when Biden took over. They claimed that Biden was emphasizing factors causing inflation that were in place when he assumed the presidency.
Dismissed Polling and Economically “Ill-informed” Views
During a CNN interview, Biden dismissed polls indicating voters’ disapproval of his economic management and claimed that they instead trusted Trump more on the issue. He went on to depict the economy in a rosy light that was contradicted by those polled.
A Gallup poll conducted on Thursday morning contradicted Biden’s assertion that Americans were financially “okay.” According to the survey, 68% of Americans anticipate further price increases for homes, and 76% believe this is a poor time to purchase a home.
Media Scrutiny and Political Fallout
Biden’s comments have attracted criticism from both CNN’s Erin Burnett and former Obama advisor and CNN political analyst David Axelrod. Axelrod stated that Biden is making a “terrible mistake” that could jeopardize his reelection chances. He emphasized the importance of demonstrating empathy, which he believed Biden was failing to convey.
- CNN’s Critique: Burnett questioned Biden’s reliance on inaccurate polling data and challenged his rosy portrayal of the economy.
- Axelrod’s Condemnation: Axelrod criticized Biden for dismissing the experiences of everyday Americans struggling with rising costs, emphasizing that he risked losing the upcoming election due to “his own pride.”
This article provides a comprehensive analysis of the controversy surrounding President Biden’s comments on inflation, presenting diverse perspectives and relevant data to provide a well-rounded understanding of the issue.
