Biden’s Economic Claims Clash w/ Commerce Secretary’s Reality Check

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(Luis Cornelio, Headline USA) President Joe Biden delivered a Labor Day address on Monday, celebrating what he termed the success of his economic policies, which he referred to as “Bidenomics.”  

However, his comments came just a day after his own Secretary of Commerce, Gina Raimondo, acknowledged the persistent challenges of inflation and rising unemployment in the United States. 

That didn’t prevent Biden from gaslighting Labor Day, when he proclaimed, “Bidenomics is a blue-collar blueprint for America. It’s for you.”

He boasted that the United States possessed what he dubbed as the “strongest economy in the world right now today” and highlighted what he described as so-called achievements, including “the lowest inflation rate among any major economy” and “13.5 million new jobs.” 

As reported first by Fox Business, these claims sharply contrasted with the admission made by Raimondo in a Sunday interview on CBS’s Face the Nation. Raimondo acknowledged the Department of Labor’s latest report, which indicated a rise in the unemployment rate from 3.5 to 3.8 percent in August.

Additionally, she addressed concerns about inflation, stating, “The reality is that inflation still exists, and it is something that people see on a daily basis when they go to the grocery store, or pay their rent, or pay their mortgage.”

The secretary’s remarks echoed a report released by Republicans in July, indicating that inflation had surged by “16.6% since President Biden assumed office.”

Despite acknowledging these challenges, Raimondo also emphasized the progress the Biden administration reportedly accomplished, saying, “If you look at where we are today, compared to when the president took office, it’s an unbelievable story of progress.” 

Later in the interview, Raimondo concluded, “I don’t want to minimize what Americans are feeling.”

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