Biden Claims Zero Inflation in July… FALSE

The lies that come out of the face of Joe Biden get worse by the day.

Additionally, his staff buys into it.

It is as though they think we are all morons and cannot look up the reports independently.

All Lies

Biden, while signing the PACT Act, stated, “Before I begin today I want to say a word about the news that came out today relative to the economy.

“Actually I just want to say a number, zero.

“Today, we received news that our economy had 0% inflation in the month of July. Zero percent.”

That would be completely and utterly false.

Inflation declined slightly in July, but it was far from zero.

Just because out-of-control inflation went down does not make it zero.

In reality, inflation was at 8.5 percent.

Moreover, prices on key items still soared, per the Bureau of Labor Statistics.

BLS stated, “The food index increased 1.1 percent in July; this was the seventh consecutive monthly increase of 0.9% or more.

“The index for all items less food and energy rose 0.3 percent in July after increasing 0.7% in June.

“The shelter index continued to rise but did post a smaller increase than the prior month, increasing 0.5 percent in July compared to 0.6 percent in June.”

The administration is also touting gasoline prices falling quicker than ever because of Biden’s policies… FALSE.

In actuality, consumption has dipped by more than 700,000 barrels per day.

Lower demand means lower prices.

People were so sick and tired of paying the high gasoline prices, they started to figure out other ways to get around.

So, again, this is NOTHING the Biden administration is doing.

Demand has shrunk to meet supply, not the other way around.

We are being blatantly lied to by this administration every day, yet there are still members of the media allowing them to spew this poison.

Sources: Daily Caller and USBLS

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20 Responses

  1. DEMENTIA ONLY GREAT AT BEING A COMPULSIVE LIAR, LIAR, LIAR.

    IMPEACH THIS ANTI-AMERICA, CHINESE COMMUNIST LOVER

    1. If the inflation rate was down to 8.5% from 9.1%, this is not Biden’s doing. We have to credit Putin. After all, I do believe that Putin was blamed for the inflation and gas prices going up. So, it only stands to reason that Biden needs to credit Putin when they go down. I do believe this is how it works. At least it is supposed to.

    1. And he can’t read that either. He’s still hellbent on continuing to lie to us and expect us to believe it when our eyes see what’s really happening.

  2. Dementia Joe has no business being in our White House and he knows it but had it stolen for him. He told us himself it was going to be stolen for him. What more proof do we need??? I still have the picture of Biden telling us just that.

    1. The only we can stop Biden the clown is win big in nov. an take away his power
      To an extent. Vote republican in midterm
      Jw

  3. The Midterms can’t get here fast enough. That won’t stop his lying, but it’ll sure help stop the spending… and then, let the investigations begin!!!

  4. He has been a liar all his life. The thing is, me he doesn’t know even know he’s lying. He’s just reading (my very well) whatever someone puts in from of him. Pitiful.

  5. I don’t know for sure, but it seems to me that Obama has been running this show all along. He cares not if Joe goes down in flames or if anyone else does. As long as he is not implicated. Typical Satan tactict. Don’t be confused, I cry no tears for Joe, for he has been the instrument of evil forces. He is not innocent, for he has committed corrupt acts in the past 45+ years. Those that are guilty, shall be punished at the hands of God himself. I myself maybe persecuted for voicing it. If so, bring it on.

  6. Republicans activate the guard….
    Arrest Biden…..
    Convict Biden…….
    Hang Biden for tyranny, insurrection, and treason……..

  7. I cannot believe some people still believe Biden’s & the Dems lies! No wonder our country is falling apart, that there are people who believe everything the government tells them. Just so you know inflation hit the day Biden became illegal President. We all need to read both sides of the story & come to a reasonable answer! NOT PUTIN DID IT or some other stupid response!!!!

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