{"id":597411,"date":"2021-07-19T19:06:14","date_gmt":"2021-07-19T23:06:14","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=597411"},"modified":"2021-07-19T19:06:26","modified_gmt":"2021-07-19T23:06:26","slug":"biden-downplays-inflation-touts-economy-as-markets-tumble","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-downplays-inflation-touts-economy-as-markets-tumble\/","title":{"rendered":"Biden downplays inflation, touts economy as markets tumble"},"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\">16<\/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-downplays-inflation-touts-economy-as-markets-tumble%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=597411&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--><div id=\"attachment_2461319\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2461319\" class=\"wp-caption-text\">Joe Biden speaks about the nation\u2019s economic recovery amid the COVID-19 pandemic in the State Dining Room of the White House on in Washington, D.C. (Photo by Drew Angerer\/Getty Images)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 3:54 PM PT \u2013 Monday, July 19, 2021<\/h5>\n<p>Joe Biden continued to downplay massive inflation and touted a recovering economy as markets have nosedived. During a speech at the White House on Monday, Biden claimed capitalism was alive and well under his leadership.<\/p>\n<p>He credited his American Rescue Plan for the increase of 60 to 600,000 new jobs per month, which some argued should have been attributed to eased lockdown restrictions. Biden said the economy was showing record growth despite negative predictions and insisted massive government spending would tamp down inflation.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Nearly 90% of Americans are worried about the hidden tax of inflation. <\/p>\n<p>And what&#8217;s Biden&#8217;s plan? Spend trillions more to drive inflation even higher.<\/p>\n<p>\u2014 Tom Cotton (@TomCottonAR) <a href=\"https:\/\/twitter.com\/TomCottonAR\/status\/1417173021605961737?ref_src=twsrc%5Etfw\">July 19, 2021<\/a><\/p>\n<\/blockquote>\n<p>\u201cWe\u2019re making serious progress to ensure that it works the way it\u2019s supposed to work, for the good of the American people,\u201d he stated. \u201cSo, for all those predictions of doom and gloom six months in, here\u2019s where we\u2019re stand: record growth, record job creation, workers getting hard earned breaks.\u201d<\/p>\n<p>Biden added the U.S. needs the bipartisan infrastructure framework and his Build Back Better agenda in order to sustain economic growth.<\/p>\n<h4>MORE NEWS:&nbsp;<a href=\"https:\/\/www.oann.com\/reports-biden-begging-federal-reserves-powell-to-curb-inflation\/\">Reports: Biden Begging Federal Reserve\u2019s Powell To Curb Inflation<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Joe Biden speaks about the nation\u2019s economic recovery amid the COVID-19 pandemic in the State Dining Room of the White House on in Washington, D.C. (Photo by Drew Angerer\/Getty Images) &#8230;<\/p>\n","protected":false},"author":7,"featured_media":2315279,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-597411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/597411","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\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=597411"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/597411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=597411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=597411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=597411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}