{"id":455,"date":"2023-02-11T00:27:37","date_gmt":"2023-02-11T00:27:37","guid":{"rendered":"https:\/\/edenreports.com\/?p=455"},"modified":"2023-02-11T00:27:37","modified_gmt":"2023-02-11T00:27:37","slug":"it-was-already-there-when-i-got-here-man-biden-refuses-to-take-any-blame-for-record-high-inflation","status":"publish","type":"post","link":"https:\/\/edenreports.com\/index.php\/2023\/02\/11\/it-was-already-there-when-i-got-here-man-biden-refuses-to-take-any-blame-for-record-high-inflation\/","title":{"rendered":"“It Was Already There When I Got Here, Man!” – Biden Refuses to Take Any Blame for Record-High Inflation"},"content":{"rendered":"\n

On Friday, Joe Biden gave a speech<\/a> regarding the January employment report from his fabricated White House set located in the South Court Auditorium.<\/p>\n\n\n\n

The U.S. Department of Labor announced on Friday that the unemployment rate had declined to 3.4 percent<\/a> and that the country’s economy had generated 517,000 new jobs<\/a> in the month of January.<\/p>\n\n\n\n

There have been reports<\/a> of mass layoffs nearly every week, but the Labor Department still reports that over half a million jobs were created in a single month.<\/p>\n\n\n\n

Amidst the recent wave of layoffs<\/a> in the tech industry, the economy only saw a modest increase of 223,000 jobs<\/a> in December, the lowest growth<\/a> in two years.<\/p>\n\n\n\n

Following his remarks, Biden faced a few inquiries from the media.<\/p>\n\n\n\n

One reporter questioned him about any responsibility he may hold for the current inflation<\/a>, but Biden quickly became defensive and began to propagate his usual false claims.<\/p>\n\n\n\n

\u201cDo I take any blame for inflation? No,\u201d Biden stated<\/a>.<\/p>\n\n\n\n

\u201cWhy not?\u201d the reporter questioned<\/a>.<\/p>\n\n\n\n

\u201cBecause it was already there when I got here, man!\u201d Biden exclaimed in response.<\/p>\n\n\n\n

The actual inflation rate was 1.4%<\/a> when President Biden took office in January 2021.<\/p>\n\n\n\n

However, since then, the inflation rate has significantly surged during his two-year tenure, becoming 500% higher<\/a> since President Biden assumed office.<\/p>\n\n\n\n

A real gem from the Washington Post<\/a> regarding the ongoing inflation is an article<\/a> entitled “Biden’s Rescue Plan Made Inflation Worse But the Economy Better.”<\/p>\n\n\n\n

The current economic growth rate<\/a> in the U.S. is projected<\/a> at 0.4%, lower than 1.8% in 2022 and 5.7% in 2021.<\/p>\n\n\n\n

Some experts<\/a> suggest that the economic recovery may take longer than anticipated<\/a> if external factors continue to interfere with regular market operations.<\/p>\n","protected":false},"excerpt":{"rendered":"

On Friday, Joe Biden gave a speech regarding the January employment report from his fabricated White House set located in the South Court Auditorium. The U.S. Department of Labor announced on Friday that the unemployment rate had declined to 3.4 percent and that the country’s economy had generated 517,000 new jobs in the month of January. There have been reports of mass layoffs […]<\/p>\n","protected":false},"author":1,"featured_media":456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[129,9,123,92,124,122,186,192,91],"tags":[78,231,16,42,2,125,213,185,43,66,45,47,215],"_links":{"self":[{"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/posts\/455"}],"collection":[{"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/comments?post=455"}],"version-history":[{"count":1,"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/posts\/455\/revisions"}],"predecessor-version":[{"id":457,"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/posts\/455\/revisions\/457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/media\/456"}],"wp:attachment":[{"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/media?parent=455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/categories?post=455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/tags?post=455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}