White House Again Claims U.S. ‘Stronger Economically Than We Have Been In History’ | Eastern North Carolina Now

    Publisher's Note: This older post is being published now as an archivable history of the current events of these days that will become the real history of tomorrow.

Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is Zach Jewell.

    For the second time in as many months, White House Press Secretary Karine Jean-Pierre told reporters during a press briefing that the U.S. is now at a stronger point economically than it has been "in history."

    Jean-Pierre's latest comment on the economy echoes her claim a month ago that the U.S. economy is doing better now than it has done historically. On Thursday afternoon, the press secretary referenced the unemployment rate and job growth in recent months, claiming those numbers prove the U.S. economy is strong, even as inflation and gas prices have hit record highs under President Joe Biden's watch.

    "When we look at where we are economically - and we are stronger economically than we have been in history," Jean-Pierre said. "When you look at the unemployment numbers at 3.6%, when you look at the jobs numbers, more than 8.7 million of new jobs created, that is important."

    In early June, Jean-Pierre made the same claim to reporters when she attempted to explain that the economic state of the U.S. puts it in a "good position" to address inflation.

    "What I'm trying to say to you is that the economy is in a better place than it has been historically. And so we feel here at this administration, and other experts as well, is that we feel that we are in a good position to take on inflation," Jean-Pierre commented.

    The repeated affirmations from the Biden administration on the "strength" of the American economy have done little to quell the frustrations of the American people as inflation rips into their wallets and savings accounts.

    The Daily Wire reported Tuesday that Americans continue to save at dismally low levels as inflationary pressures hit their wallets. The personal saving rate - the portion of disposable income Americans devote to savings - was 5.4% as of May, according to a report from the U.S. Bureau of Economic Analysis. Remaining below 6% for every month of 2022, the measure is far from the 7% to 9% seen over the previous decade.

    Not only has inflation taken a toll on Americans' savings accounts, but now more than 150 million Americans are having trouble saving at all and are living paycheck to paycheck, according to a June poll from LendingClub and PYMNTS.

    The survey of more than 4,000 Americans showed that "consumers in all income brackets - including those who make more than $100,000 annually" - are devoting nearly all of their salaries to paying their expenses, with little to nothing left over for savings.

    Biden has continued to deflect the blame for rising inflation and prices to corporate price gouging and Russia's invasion of Ukraine. He has even falsely claimed that inflation is "worse everywhere but here."

    "Under my plan for the economy, we've made extraordinary progress," Biden said at an AFL-CIO labor conference in June. "And we put America in a position to tackle the ... worldwide problem that's worse everywhere but here: inflation."

    Ben Zeisloft contributed to this report.

poll#166

With the Midterm Elections less than one week away: What do you consider the top issues that you will be voting on to be corrected by your better representation?

  Education

  Crime

  Big Government getting Bigger

  Biden /Democrat controlled Spike in Energy Cost

  Inflation created by Legislation of Majority in Power

  Gender Reassignment

  Corrupted Bureaucratic /Service (DOJ, FBI, etc.) Institutions

  Abortion

  Discredited Legacy Media

  Ending the Corruption of Dishonest Politicians

  Corruptive Influence of Social Media

  Wide Open Southern Border

439 total vote(s)     What's your Opinion?

poll#169

Considering how abjectly corrupt and civilly abusive the Left has become regarding the corrosive effect of their elected leaders; their entrenched and ruling bureaucracy; employing their failed Education Industry as Indoctrinators; their collusive private sector operators, such as the terminally discredited Legacy Media and Big Tech censorship of Free Speech: What will be the best course forward for hardworking Middle Americans, including the Patriot Class?

  Withdraw from society, go underground and plan for a resurgence when it is feasible to do so.

  Work within the confines of better policy by the People's government, once good sense and sanity is restored in the electorate at large, to achieve such.

  Are you a crazy, nut-job Insurrectionist? Everything is perfect within our plan to achieve our intended goals for the Socialist Left.

  Secession to form a true Constitutional Republic.

437 total vote(s)     What's your Opinion?