Biden paints rosy picture of inflation, but pressure on consumers and small business owners persists

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President Biden has spun a narrative that inflation is getting better and that wages are up. A look under the covers shows that inflation is still having a significant impact.

On the economy, 78% of Americans think it is "fair" or "poor" while only 32% think it is "good" or "great."Inflationary pressures have also affected small businesses. The product price index for January’s increase of 0.7% was much higher than expected. The cost of goods rose 1.2% and services saw a 0.4% increase. Biden touts job growth and the unemployment rate.

The House Small Business Committee Chairman Rep. Roger Williams criticized the president’s continued spin on inflation to gain "positive press." In a statement to FOX Business, Rep. Williams said, "As America’s job creators are fighting through unacceptably stubborn levels of inflation, they are also dealing with the consequences of Democrats' disastrous COVID-19 policies that for far too long disincentivized work.

 

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This guy and his whole party are not in touch with reality.

I can’t wait until he’s gone.

dementia denial

Where is the mainstream media that counts lies? Did they get overwhelmed after the first day of Joe's Administration? Seriously.

Just bought nothing at my grocers and it was over $60.

POTUS worst administration ever

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