Biden Press Secretary: ‘The Economy Is In A Better Place Than It Has Been Historically’

White House Press Secretary Karine Jean-Pierre insisted during a Tuesday briefing that the United States economy is “in a better place than it has been historically.”

Fox News correspondent Peter Doocy pressured Jean-Pierre on a recent poll from The Wall Street Journal, which shows that 83% of Americans believe the economy is “poor or not so good.” In response, Jean-Pierre doubled down on the narrative that the economy has improved since President Joe Biden assumed office.

“What I’m trying to say to you is that the economy is in a better place than it has been historically,” Jean-Pierre said. “And so, we feel, here at this administration and other experts as well… we feel that we are in a good position to take on inflation. We are in a good position to really start really working on lowering prices.”

However, the United States economy contracted at a 1.5% annualized rate during the first quarter of 2022, according to the Bureau of Economic Analysis, which associates recessions with two consecutive quarters of negative growth. Meanwhile, gas prices have more than doubled since President Biden entered office, while inflation surged from 1.4% to 8.3% — a near four-decade high. – READ MORE

Responses