Despite the economy being in tatters because of supply chain issues, rampant inflation, surging gas prices and a poor labor force participation rate, Joe Biden keeps acting as if the economy is performing just fine — better even, he claims, than the demonstrably superior economy of former President Donald Trump.
His recent claims about his allegedly booming economy have grown so fantastical that even CNN is now being forced to fact-check him. Responding to his recently made claim that Moody’s is projecting his exorbitant spending will somehow create two million jobs per year, CNN reported that the remarks “were misleading.”
“Rather, Moody’s found that in 10 years, the economy would have 2.2 million more jobs if the bipartisan infrastructure bill and a $3.5 trillion spending package were passed than it would if they were not passed.”
