Joe Biden on Thursday delivered remarks on how his garbage ‘Infrastructure Law’ is helping to improve public transit and create jobs in Los Angeles, California.
Biden addressed the worst inflation report in 40 years during his remarks at a Los Angeles Metro construction site.
The September inflation rate came in hotter than expected on Thursday at 8.2%.
The Core CPI surged to 6.6% – the highest rate since 1982.
Wholesale prices also rose ‘more than expected’ in September as inflation stays hot, hot, hot.
The producer price index (PPI) increased 0.4% in September – double what was estimated.
Worst administration in history?
Real wages under Biden have declined for a record 18 months. This means that US incomes have been below inflation since the start of 2021 pic.twitter.com/TRC4aBF2QU
— zerohedge (@zerohedge) October 13, 2022
Joe Biden said today’s disastrous inflation report shows progress.
“Today’s inflation report shows progress. Overall, inflation was 2% over the last three months… That’s progress but a lot of it has resulted from getting the cost of living at the gas pump down over $1 nationally,” said Biden.
VIDEO:
Biden: “Today’s inflation report shows progress. Overall, inflation was 2% over the last three months… That’s progress but a lot of it has resulted from getting the cost of living at the gas pump down over $1 nationally.” pic.twitter.com/AHmjQoDDqK
— Greg Price (@greg_price11) October 13, 2022
Biden actually said if Republicans win, inflation is going to get worse.
Joe Biden and the Democrats own this inflation nightmare.
Biden and the Democrats have been in control for nearly two years and the inflation is ALL on them.
VIDEO:
Biden: “If Republicans win, inflation is going to get worse. It’s that simple.” pic.twitter.com/iihpdQ8L1F
— Greg Price (@greg_price11) October 13, 2022
Dear Reader - The enemies of freedom are choking off the Gateway Pundit from the resources we need to bring you the truth. Since many asked for it, we now have a way for you to support The Gateway Pundit directly - and get ad-reduced access. Plus, there are goodies like a special Gateway Pundit coffee mug for supporters at a higher level. You can see all the options by clicking here - thank you for your support!
