thebigp

By: TTN staff—10/28/22
Thursday during an event Biden attended he falsely boasted about bringing gas prices and inflation down while raising income rates The event in Syracuse, New York was scheduled to promote Micron Technology’s investment in semiconductor manufacturing. Though at some point during the event Biden took the stage and rambled false statistics to the crowd. While he has insisted he has made America better, the numbers tell a different story.
During the event, Biden mentioned that he had brought gas prices down from being “over five dollars when [he] took office.” Gas was only $2.39 a gallon according to Breitbart when he took office. He was most likely referring to when gas hit $5 a gallon over the summer, but he has apparently mixed up those timelines.
Biden also mentioned the economy while on stage, talking about how it was improving. Though it is unclear as to what statistics he is referring to. A recent CNBC article detailed that most goods and services people buy have risen, and the overall inflation rate has risen by 0.4% since September.
His exact words were “inflation is down, real incomes are up, and the price of gas is down,” though gas prices are higher than when he took office, and inflation is still up. Real incomes have also fallen for the past 17 months in a row. Leaving us all wondering what Biden is talking about and where he is getting the statistics he is throwing out. Maybe the fall from that bike hit him harder than anyone realized.
Joe Biden Falsely Claims Gas Was over $5 a Gallon When He Took Office
CHARLIE SPIERING---Breitbart
27 Oct 20222,404
President Joe Biden claimed Thursday that gas was over $5 a gallon when he took office in January 2021.
“Today the most common price of gas in America is $3.39, down from over five dollars when I took office,” Biden boasted.
Gas was only $2.39 per gallon when Biden took office. The president was likely referring to gas prices hitting $5 a gallon during the summer but mixed up his timeline.
The president commented on gas prices during an event in Syracuse, New York, promoting a pledge by Micron Technology to invest in semiconductor manufacturing.
Biden also argued that the economy was improving. “Inflation is down, real incomes are up, and the price of gas is down,” he said. It is unclear exactly what numbers Biden was referring to. Inflation is still up 8.2 percent from last year and real wages have fallen 17 months in a row.
But Biden insisted he was making things better for Americans. “When I took office, the economy was in ruins,” he claimed.