Brain-Dead Biden told Jimmy Kimmel that the United States has the fastest growing economy in the world. Kimmel’s audience went crazy, but only because they are Democrats and not that bright. The truth is we aren’t even remotely close in that category. Biden bragged about the number of jobs he has created even though the number of people who are employed is dropping. Biden claimed that he had cut the deficit by $320 billion dollars.
That is somewhat true, but there are two reasons for that. Number one is that the year before trillions were spent on pandemic spending, including stimulus spending. The second reason is that Biden did not get the $2.4 trillion dollars Build Back Broker bill he wanted. Had he gotten that he would have increased the deficit by over $2 trillion dollars. He claimed that the bill was fully paid for so we asked an expert:
The outlook for growth for 2022 was originally estimated to be 4.1%, but that has now been cut to 2.9% and the GDP has dropped for five consecutive months. How does that compare to the rest of the world? China, Italy, and France, experienced economic growth rates of 8.1%, 6.6%, and 7%, respectively. I believe those are all higher than 2.9%. Hell, Ethiopia has a growth rate of 6.3% and Kenya is at 7.2% and India clocked in at 8.9%. Nuff said?
While it is true that the GDP rose sharply during the past four quarters before the 1.5% decline in the first quarter of this year, that is attributable to the reopening of many states from the pandemic and just covered a portion of what was lost due to all of the lockdowns.
Biden kept asserting that “we’re the strongest economy.”
That repeated assertion from Illegitimate President Biden was demonstrably false.
In the last few months, jobless claims in the United States have increased, the cost of living has increased, the adequate living wages have decreased, and inflation continues to soar to record highs.
The post Biden Told Kimmel ‘We Have the Fastest-Growing Economy in the World’: Not Even Close to the Truth appeared first on DJHJ Media.
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Author: Steven Ahle
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