President Biden celebrated his Inflation Reduction Act last week as food, rent and other consumer prices continued to climb.
SO WHAT
Remember how the media savaged former President Trump for playing fast and loose with the truth?
EXPECTATION MEETS REALITY
As the White House trumpeted the Inflation Reduction Act on Wednesday, CNN’s broadcast cut away to cover the stock market plummeting 1,200 points after the Bureau of Labor Statistics reported the Consumer Price Index ticked up slightly in August, despite falling gas prices.
Nor is it the first time Biden’s assertion have been at odds with the facts: The president has claimed, “You’re not going to get COVID if you have these vaccinations,” said Al Qaeda was “gone” from Afghanistan, and boasted, “Since I took office, families are carrying less debt; their average savings are up.”
- According to the latest Penn Wharton Budget Model analysis, the Inflation Reduction Act will not have a substantial impact on inflation.
- Meanwhile, Vice President Kamala Harris has exhibited similar tendencies.
- While the number of illegal migrant crossings is set break another record this year, Harris has repeatedly declared the southern border is “secure.”
OK, BUT
At least some Americans appear to be buying into Biden’s messaging.
- The president’s approval ratings have rebounded from a low of 36% in July to 45% in September, according to the latest AP-NORC poll.