FACT CHECK: Biden MASSIVELY Overstated Jobs Created by Infrastructure Plan

One of the big selling points for Joe Biden’s infrastructure legislation is the jobs it alleges it will help create.

According to Biden, roughly 19 million jobs will be created over the next ten years.

After analyzing the report, however, Moody Analytics chief economist, Mark Zandi, says Biden overshot the estimate by about 600 percent.

Another Lie, Joe

According to Zandi, the new legislation will create only 2.7 million jobs, a far cry from the number that Joe Biden is touting.

It appears as though Joe Bided simply added the regular job’s creation projection to the jobs that would be added by the new plan.

Zandi deduced that even without the infrastructure legislation, the economy would produce an additional 16.3 million jobs by 2030.

He stated, “With the AJP, the economy will create 18.96 million jobs between the fourth quarter of 2020 and the fourth quarter of 2030.

“Without the AJP, the economy will create 16.3 million jobs [in that period]. If the ARP had not been passed and without the AJP, the economy would have created 15.65 million jobs.”

While the White House has not yet responded to the correction, Transportation Secretary Buttigieg has already adjusted his talking points.

He recently stated, “I should be precise about this, Moody’s modeled a future, a scenario, where the American Jobs Plan is passed. And in that scenario, they see the American economy creating 19 million jobs.

“And that’s 2.7 (million) more than if this bill doesn’t pass. So the point is, this will contribute to a scenario where we create that many jobs, and millions of them are specifically attributable just to this plan.”

The point is, Pete, that once again, Joe Biden twisted the facts to suit his own narrative.

Source: Daily Caller

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16 Responses

  1. How can they when wants More Taxes & regulations overall?
    Taxes KILL Jobs dont create save Govt jobs ONLY

    1. Joe says the taxes are to help with the infrastructure but I am pretty sure that the infastructure he is talking about is his and that of his cronies , ie; their bank Acct’s !

  2. Biden has no clue what he is talking about. He only says what his handlers tell him to say. Did you notice at his last public appearance he had to keep stopping to listen to the help from his earbuds.

  3. Only 5% of his ” infrastructure ” bill actually goes towards the infrastructure, the rest goes to Biden’s agenda against the rights of the taxpayers and voters as well as continued attempts to destroy the constitution.

  4. Agree with all posts! The demonrats lie like cheap rugs, promise the world, then hand us sh**! The ONLY things they create are more taxes, restrictions while lining THEIR pockets! Joe is too stupid to tell anything close to the “ truth”. Obama is really running this sh** show!

  5. Joe, lies all the time. He does not care if is a lie, he says, what he thinks you want to here. He is changing the definition of infrastructure, to go along with his new bill. The stimulus checks we received, stops Idaho from reducing our taxes.

  6. Biden is incapable of telling the truth he’s killing jobs everywhere,his infrastructure plan is only going to raise our taxes through the roof,the maniac needs to go

  7. HE IS LYING THRU HIS TEETH. WHEN HE SAYS THIS WE NEED TO TAKE IT AS THE OPPOSITE. ALL HE WANTS IS TO MAKE THE US CITIZENS LOSE JOBS AND HAVE TO RELY ON THE GOVERNMENT AND BECOME CLOSER TO COMMUNISM. DON’T GET CAUGHT UP IN HIS LIES. WAKE UP PEOPLE!

  8. Looks like King O’Biden’s PUPPETEERS didn’t write down the correct numbers for him !!!!!!!! The “D” after a politician’s name should stand for “DEMOCRAT”; but it REALY stands for “DIM-WITTED” !!!!!!!!!

  9. Just more of Biden lies. His entire career has been made up of one lie after another. He actually thinks the people are too stupid to dare contradict him or know the difference. Well guess what, there are many who do not believe anything this genetic, habitual liar says. YOU MUST DOUBLE CHECK EVERYTHING HE SAYS.

  10. Hidin LYIN BIDEN is just doing what he does best when out of his hidy hole and that is LIE,LIE,LIE and LIE some more !

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