Moody’s Analytics, one of Dummy Joe Biden’s favorite economic firms, fact-checked Biden’s claim he “reduced the federal deficit.”
Joe Biden on Friday delivered remarks on the May jobs report from Rehoboth Beach, Delaware.
The May jobs report signaled a slowing economy.
Friday’s Non-Farm Payroll report from the Bureau of Labor and Statistics (BLS) showed better initial numbers than expected for May but continues a trend of slower recovery for the U.S. economy in a season of record-high inflation.
Biden absurdly claimed he reduced the federal deficit.
Joe Biden and Democrat lawmakers have spent more than $6 trillion since Biden was installed.
But old Joe reduced the deficit by $1.7 trillion this year.
Just ask Joe Biden.
Joe, you are the “Big Spender.” pic.twitter.com/9oXY0ENHlL
— MRCTV (@mrctv) June 3, 2022
Dan White, the Senior Director at Moody’s Analytics blasted Joe Biden for his lies.
“The actions of the administration and Congress have undoubtedly resulted in higher deficits, not smaller ones. It is encouraging that the administration has proposed some initiatives to bring down the deficit, but so far none of those initiatives has been seriously considered,” Dan White said.
Biden is gaslighting on the deficit. His actions have INCREASED deficit projections.
Even Biden’s favorite economics firm, Moody’s Analytics, says so. pic.twitter.com/f7BTF43w51
— Tommy Pigott (@TommyPigott) June 3, 2022