{"id":2030409,"date":"2023-09-13T11:25:06","date_gmt":"2023-09-13T15:25:06","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-acknowledges-gas-prices-putting-strain-on-family-budgets\/"},"modified":"2023-09-13T11:27:27","modified_gmt":"2023-09-13T15:27:27","slug":"biden-acknowledges-gas-prices-putting-strain-on-family-budgets","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-acknowledges-gas-prices-putting-strain-on-family-budgets\/","title":{"rendered":"Biden admits gas prices burdening families&#8217; budgets."},"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\">14<\/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-acknowledges-gas-prices-putting-strain-on-family-budgets%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=2030409&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--><h2>President Joe Biden Defends Economic Credentials Amidst Rising Inflation<\/h2>\n<p>President Joe Biden is standing\u200c firm on his economic \u200ccredentials, despite recent data showing an\u200c increase in the annualized rate of inflation over the past two months.<\/p>\n<p>Biden \u2064highlighted the fact that core inflation, which excludes more volatile food and energy prices, is actually\u200c &#8220;trending down toward pre-pandemic levels&#8221; while employment remains strong. In August, the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/inflation-rises-again-hits-5-4\/\" title=\"Inflation Rises Again, Hits 5.4%\">consumer price index rose<\/a>\u200b by 0.6%, marking the\u200b largest\u2064 increase this year, and 3.7% \u200bcompared to the same\u2064 time last year.\u2064 The core \u2064CPI rose by 0.3% and 4.3%, respectively.<\/p>\n<h3>Positive \u2064Economic Indicators<\/h3>\n<p>&#8220;Unemployment has remained below 4% for\u2063 19\u2062 consecutive months, the highest share \u200bof working-age Americans have jobs in 20 years, and real \u2062wages are higher now\u2063 than before\u2064 the\u200d pandemic,&#8221; Biden stated confidently\u200b in a recent statement.<\/p>\n<p>However, the president did acknowledge the strain that <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-energy-sec-i-drive-on-sunshine\/\" title=\"Biden\u2019s Energy Sec: \u2018I Drive On Sunshine\u2019\">rising gas prices<\/a> are\u200c putting on family budgets. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-inflation-farm-bureau-says-thanksgiving-dinner-will-cost-14-more-this-year\/\" title=\"Biden\u2019s Inflation: Farm Bureau Says Thanksgiving Dinner Will Cost 14% More This Year\">national average cost<\/a>\u2063 for a gallon of gas is currently $3.85, according to AAA, which is a 5-cent increase in just one week and a 14-cent difference compared to August 2022.<\/p>\n<p>&#8220;That&#8217;s\u200b why I am laser-focused on \u200dcutting energy costs, including investing in\u2064 clean energy to enhance our energy security,&#8221; Biden explained. &#8220;We are committed to building\u2062 an economy that \u200cbenefits the middle class and those at the bottom, with better jobs and lower costs. Meanwhile, Republicans in Congress are pushing \u2064for tax cuts for the wealthy \u200dand large corporations, as well as devastating cuts to programs\u200b that\u2063 hard-working Americans rely on.&#8221;<\/p>\n<h3>Republican Criticism<\/h3>\n<p>Republicans, including aides from the Republican National Committee, have \u2062criticized Biden&#8217;s economic policies, arguing that the public is still\u200d <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/university-in-england-criticized-for-spending-money-on-greta-thunberg-statue\/\" title=\"University In England Criticized For Spending Money On Greta Thunberg Statue\">facing financial struggles<\/a>. They mockingly refer to these policies as &#8220;Bidenomics.&#8221;<\/p>\n<p>&#8220;Inflation is back on the rise \u2014 that&#8217;s Bidenomics!&#8221; exclaimed \u200dRNC spokesman Jake Schneider. &#8220;The Biden administration\u2064 has been consistently\u2062 wrong about inflation\u2063 from the very beginning,\u2062 and they show no signs of changing course now.&#8221;<\/p>\n<p>According to RealClearPolitics, \u200bBiden&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-acknowledges-gas-prices-putting-strain-on-family-budgets\/\" title=\"Biden admits gas prices burdening families' budgets.\">average economic approval-disapproval rating<\/a> \u2063is currently \u2064a\u2063 net negative 21 percentage points, with 38% approving and 59% disapproving.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\">Click here<\/a> to\u2064 read more from The Washington\u2064 Examiner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden defended his economic credentials, despite data showing a rise in inflation rates over the past two months. He highlighted that core inflation, excluding food and energy prices, is decreasing towards pre-pandemic levels, while employment remains robust. In August, the consumer price index increased by 0.6%.<\/p>\n","protected":false},"author":1,"featured_media":2030411,"comment_status":"open","ping_status":"closed","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":[538],"tags":[],"class_list":["post-2030409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2030409","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2030409"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2030409\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2030411"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2030409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2030409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2030409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}