Internet reacts to brutal new economic data: “Not what the White House wants to see”


Social media users did not like the new economic data that revealed U.S. inflation is at its highest rate in 13 years, blaming the White House directly on Biden.

The data comes just after the poor jobs report in September. The non-farm payroll rose by 194,000 workers in September as the unemployment rate fell to 4.8%, the Labor Department reported. But economists expected the addition of 500,000 new jobs.

The latest inflation figure, provided by Washington Post economic correspondent Heather Long, did not improve the administration’s image.

“BREAKING: Inflation rose 5.4% from a year ago in September – the highest rate in 13 years. Prices rose 0.4% in September, up from 0.3% in August Gasoline, food and goods continue to be the main drivers of inflation. Used car prices have fallen slightly but remain 24% higher than last year, “Long tweeted, with a breakdown of percentage changes in [Consumer Price Index] for all urban consumers.

“This is not what the White House wants to see,” tweeted Josh Kraushaar of the National Journal.

BIDEN RETURNS REPORTERS, REFUSES TO TAKE QUESTIONS AFTER REMARKS ON HEAVY DUTY REPORT

THE BIDEN TEAM LANDED AS “ECONOMICALLY illiterate” TO DEMAND BETTER “ZERO DOLLAR RATING” CONSTRUCTION

The numbers likely won’t help the numbers in President Biden’s plummeting polls. His approval rate is 38%, according to a new national poll from Quinnipiac University, so far the lowest of his presidency. The most recent Real Clear Politics average gives the president 45% approval and 49% disapproval. Although Biden addressed the grim September employment report last week, he declined to answer questions from White House reporters about it, repeating what he had done on several other occasions by turning his back to the press and walking away.

Biden’s “Build Back Better” plan has also fueled controversy, even within his own party. Moderate Democratic Senators Kyrsten Sinema, Arizona, and Joe Manchin, W.Va., clashed with their progressive colleagues for refusing to support the $ 3.5 trillion spending program. Observers wondered if the high inflation rate was what Biden and his supporters had in mind with the measure.

Republicans predicted Democrats wouldn’t be fazed by the numbers.

CLICK HERE TO GET THE FOX NEWS APP

Several others tweeted: “Let’s Go Brandon! a more innocuous term reference for a vulgar chant directed at Biden at sporting events in recent weeks.


Source link

Previous Patricia Zurita: "We need a new economic system based on nature"
Next The MPN will take relevant measures to strengthen the health and economic system: Muhyiddin

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *