Your current web browser is outdated. For best viewing experience, please consider upgrading to the latest version.
ERROR
Main Error Mesage Here
More detailed message would go here to provide context for the user and how to proceed
ERROR
Main Error Mesage Here
More detailed message would go here to provide context for the user and how to proceed
search DONATE
Close Nav

Biden’s Bragging About the Economy Just Proves How Financially Illiterate He Is

back to top
commentary

Biden’s Bragging About the Economy Just Proves How Financially Illiterate He Is

New York Post September 13, 2022
EconomicsOther

President Biden keeps bragging about an economy that's still failing with inflation.

Last week, the White House attempted to define its economic vision in a 58-page report titled “The Biden-Harris Economic Blueprint.” One first notices the report’s sloppiness. Five footnotes supposedly sourcing the White House data include in bold letters: “Error! Bookmark not defined.” There is also awkward repetition, such as cutting-and-pasting “the strongest and most equitable labor market recovery in modern history” in paragraph after paragraph (eventually getting excited enough to remove the word “modern,” allowing the president to also declare superiority over all ancient economic recoveries).

The most revealing aspect of the White House economic vision is what is not included: inflation or deficit reduction.

Sure, the introduction declares that “President Biden’s top economic priority is bringing down inflation and lowering costs for families,” yet none of the report’s “five core pillars” focuses primarily on combating inflation, which remains incredibly high — 8.3% in August.

Continue reading the entire piece here at the New York Post

______________________

Brian M. Riedl is a senior fellow at the Manhattan Institute. Follow him on Twitter here

Photo by Anna Moneymaker/Getty Images

Saved!
Close