Prior to Joe Biden’s SOTU address, the White House posted a “fact sheet” on the official White House website.
The posting touted Biden’s economic plan and how successful it has been.
Only the majority of what was posted has already been debunked by fact checkers.
More Lies
Once again, the sheet touted something that has been fact-checked to death.
It stated, “In the last two years, the Administration cut the deficit by more than $1.7 trillion—the largest deficit reduction in American history.
“The President believes we need to continue that progress—and reward work, not wealth.”
Mark Goldwein, senior vice president and senior policy director for the Committee for a Responsible Federal Budget (CRFB), stated, “Eighty percent of that $1.8 trillion or so falling deficit is because of expiring or waning COVID relief.
“The remaining 20% you can explain by economic changes, including a stronger than expected economy and especially higher inflation which leads to higher tax revenue.”
Biden is also claiming that he “created” more than 1.5 million manufacturing jobs.
Before COVID shut everything down, there were 12.785 million jobs in this niche, decreased to 11.414 million during the lockdowns.
Today, that number is 12.999 million.
Again, Biden fails to take COVID into account, where the real difference is only 214,000.
We should also note that those jobs were more than likely a result of the Trump presidency, not Biden’s, as there were major deals that took place that had yet to come to fruition due to the pandemic.
I bet if we investigated it hard enough, we could find that Biden’s policies actually prohibited growth that could have been much larger.
Regardless, that posting is filled with lies and manipulated numbers, as Biden clearly thinks we are all idiots.
Source: Daily Caller
