{"id":1660983,"date":"2022-09-27T18:20:27","date_gmt":"2022-09-27T22:20:27","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1660983"},"modified":"2022-09-27T18:23:30","modified_gmt":"2022-09-27T22:23:30","slug":"biden-lies-about-inflation-again","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-lies-about-inflation-again\/","title":{"rendered":"Biden Lies About Inflation Again"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">10<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-lies-about-inflation-again%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1660983&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"533\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/AP22236694639167.jpg\" alt=\"President Joe Biden speaks about student loan debt forgiveness in the Roosevelt Room of the White House, Wednesday, Aug. 24, 2022, in Washington. (AP Photo\/Evan Vucci)\" class=\"wp-image-55973\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/AP22236694639167.jpg 800w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/AP22236694639167-400x267-1.jpg 400w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/AP22236694639167-768x512-1.jpg 768w\" \/><figcaption>President Joe Biden speaks about student loan debt forgiveness in the Roosevelt Room of the White House (AP Photo\/Evan Vucci)<\/figcaption><\/figure>\n<p><strong>OAN Newsroom<br \/>UPDATED 3:10 PM PT \u2013 Tuesday, September 27, 2022<\/strong><\/p>\n<p>Joe Biden announced new steps to bring down the cost of living under his economy. He seemingly conceded that Americans are struggling economically under his watch. Speaking to reporters Monday, Biden said that he has consulted with his competition council to get rid of what he describes as junk fees. These include overdraft fees on people\u2019s checking accounts or their credit card payments plus processing fees for online payments.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cThis council is going to come back to me with a plan for eliminating these fees. Families shouldn\u2019t have to pay these fees. No one\u2019s sneaking surprise charges into bills, like a $55 processing fee for a hotel room that you\u2019re trying to book. A processing fee. You find out later. No more hiding the price that you\u2019re paying. Now you\u2019re going to know what the prices are. And all, it\u2019s all taking money out of the pockets of average Americans.\u201d<\/p>\n<\/blockquote>\n<p>However, he proceeded to take a victory lap on his own economic performance claiming people are seeing increased incomes and that unemployment has dropped significantly.<\/p>\n<p>Analysts disagree, saying that Americans have lost over four thousand dollars in their annual income since Biden took office.<\/p>\n<p>Additionally, consumer prices have gone up by 12 percent since January of 2021 which has stripped buyers of at least three thousand dollars in purchasing power.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cHere\u2019s what I want the American people to know: because of the resilience, the American people\u2019s resilience, and because of the economic strategy we pursued, the united states of America is in a stronger position than any other country to navigate these global challenges. Period. Jobs are up, incomes are up. People are back to work. And American manufacturing is roaring back. Excuse me for the cough. We\u2019re taking inflation very seriously by enacting policies to bring down costs for people.\u201d<\/p>\n<\/blockquote>\n<p>Biden then went on to tout his progress in bringing down the pain at the pump after it was reported that gas prices dropped by at least five cents.<\/p>\n<p>The national average gas price currently sits around three dollars and 70 cents per gallon according to the latest numbers from AAA.<\/p>\n<p>This should not be a point of celebration as gas prices remain more than a dollar and 30 cents higher than when he took office.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cIn addition to that, a big part of how we\u2019re going to keep making progress is by increasing competition in the economy. That\u2019s why we have the competition council here, and it starts with energy prices. We\u2019ve made historic progress. We\u2019ve made historic problems with the price of gas down in dollar versus the some in some states is below three bucks.\u201d<\/p>\n<\/blockquote>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote data-service=\"twitter\" data-category=\"marketing\" data-placeholder-image=\"https:\/\/c3.oann.com\/wp-content\/plugins\/complianz-gdpr\/assets\/images\/placeholders\/twitter-minimal.jpg\" class=\"cmplz-placeholder-element twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">In January, Joe Biden: \u201cthe stock market\u2026has hit record after record after record on my watch.&#8221;<\/p>\n<p>Today: Stocks have lost $7.6 trillion in value since Biden took office. <a href=\"https:\/\/t.co\/a9LeRZrE9y\">pic.twitter.com\/a9LeRZrE9y<\/a><\/p>\n<p>\u2014 RNC Research (@RNCResearch) <a href=\"https:\/\/twitter.com\/RNCResearch\/status\/1574839954630479884?ref_src=twsrc%5Etfw\">September 27, 2022<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>In the meantime, a recent <a href=\"https:\/\/www.nrsc.org\/press-releases\/poll-majority-of-americans-suffering-from-inflation-2022-09-07\/\" target=\"_blank\" rel=\"noreferrer noopener\">poll<\/a> shows 74-percent of lower-income Americans are feeling the pressure from Bidenflation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden speaks about student loan debt forgiveness in the Roosevelt Room of the White House (AP Photo\/Evan Vucci) OAN NewsroomUPDATED 3:10 PM PT \u2013 Tuesday, September 27, 2022<\/p>\n","protected":false},"author":1298,"featured_media":1889271,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1660983","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_finder_url":"https:\/\/www.oann.com\/newsroom\/biden-lies-about-inflation-again\/?utm_source=rss&utm_medium=rss&utm_campaign=biden-lies-about-inflation-again","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1660983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1298"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1660983"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1660983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1889271"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1660983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1660983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1660983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}