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President Biden ‘The US Economy is Strong’

According to the White House, Biden has "done the work" to solve the problem and is aware of it, and that he has worked hard...
USA flag near municipal building
Photo by Brandon Mowinkel

According to the White House, Biden has “done the work” to solve the problem and is aware of it, and that he has worked hard to address the problem. Joe Biden believes the U.S. economy is ‘strong as hell’

On Monday, President Joe Biden was criticised on social media for declaring over the weekend that the U.S. economic system is “strong and strong as hell.”

Biden answered a question from a reporter Saturday asking whether he was concerned about the strength and stability of the U.S. Dollar amid rising inflation. He did this while enjoying ice cream at Baskin-Robbins Portland, Oregon.

I don’t care about the strength and stability of the dollar. The rest of the world is my concern. Our economy is as strong as steel.

“Inflation is everywhere. He said that it was worse than in the United States. “So, the problem is not our lack of economic growth or sound policy in other countries but the lack thereof.”

Many took to Twitter to voice their disapproval of Biden and remind the president that many Americans struggle. Some users tweeted “reality tells otherwise” and pointed out that the S&P 500 has fallen more than 25% this year.

Lance Gooden, a Texas Republican, tweeted that “65%” of Americans believe the economy is getting worse. Ronna McDaniel (chair of the Republican National Committee), cited a CNN poll that showed 78% of Americans think the economy has become “poor.” Wesley Hunt, a Texas House candidate, posted a list of items that have seen their prices rise, including fuel, food, airfares, gas and eggs.

Bob Nardelli, former Chrysler CEO, commented on Biden’s comment that the U.S. economic is “strong and hell”.

White House Claims Biden “Has done the work” to fix the inflation issue.

According to reports, Karine Jean-Pierre, White House press secretary, stated Monday at the White House press briefing that President Biden had “done the work” to address the inflation issue. She responded to a reporter’s query by saying:

The president knows that high inflation is an issue and that high costs are an issue for Americans. He’s made that his top economic priority. He has done the hard work.

Biden was criticised for declaring that inflation had not risen in the past months. He was criticised for declaring that the U.S. had 0% inflation in August. The Biden administration was charged with propagandism and redefining what a recession is.

Elena Argyros

Elena Argyros

Elena is cryptocurrency writer / journalist based in Europe. She has extensive knowledge in the crypto space and is a solidity programmer by trade. Elena has built an extensive resume working with some of the most ground breaking blockchain firms. Being in Europe, Elena has amassed a large network of professionals in the space and states "The technology behind blockchain is going to impact everyone on earth in a good way, once you get to understand it".
Elena Argyros

Elena Argyros

Elena is cryptocurrency writer / journalist based in Europe. She has extensive knowledge in the crypto space and is a solidity programmer by trade. Elena has built an extensive resume working with some of the most ground breaking blockchain firms. Being in Europe, Elena has amassed a large network of professionals in the space and states "The technology behind blockchain is going to impact everyone on earth in a good way, once you get to understand it".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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