Biden: Economy Had Zero Percent Inflation in July

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biden says we have had zero percent inflation in july 2022

President Joe Biden continued to declare the economy as a victory for his administration, announcing proudly to reporters that America had “zero percent inflation” during the month of July. 

“I just want to say a number: zero. Today, we received news that our economy had zero percent inflation in the month of July. Zero percent.”

This came as a shock to many Americans, feeling the effects of skyrocketing grocery prices and fuel costs. 

But this Biden statement was not a mistake. Press Secretary Karine Jean-Pierre doubled down on the rosy outlook with a Tweet thread of her own. 

She said that American families are “saving $106 per month of average” due to the “drop in gas prices”
The Wall Street Journal reported 8.5% inflation in July, with consumer-price increases at the highest annual rate in four decades. Gasoline prices were down for the month of July, due to a release in the strategic oil reserve. Food prices are still running hot, being up 1.3% from last month and 13.1% higher than last year.

Related:

Americans Can’t Believe What Biden Just Said About the Economy

Buttigieg: “Pain” of Higher Gas Prices Is a “Benefit” (VIDEO)

3 Responses

  1. “If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” Joseph Goebbels

  2. Why are we allowing our President to gaslight us when we wouldn’t allow our mates to do so? This is evil as it’s worst! Hurting his citizens is not what he was elected ( if indeed he was, legally which is questionable at best) to do.

  3. How can one person be so ignorant, and incompetent, to tell us we have 0% inflation in july. This guy wouldn’t know the truth,if it smacked him in the face. Every time he opens his pie hole,or if his lips are moving, we know he is lying.fjb

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