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.
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.