Show attachment 233951
Something happened in 2019.
The White House celebrated its first-year economic achievements by tweeting
: “When @potus
were sworn in, our economy was on the brink of collapse.”
That is a flat-out lie.
As Biden first set foot in the Oval Office a year ago, real GDP was growing at 6.3 percent, inflation was 1.4 percent, the price of gasoline was $2.39 a gallon and Michigan’s consumer sentiment index stood at 79. Today, real growth has slowed
to just over 2 percent, inflation is at 7 percent
, gas is up to $3.31 a gallon and the Michigan Index
In addition, real wages dropped 2.4 percent over the past year, with inflation overwhelming pay hikes
after several years of gains under President Trump.