Categories: Economic News

NY Times report that Biden is exaggerating his economic victories shocks Twitter: ‘Signaling that Biden is done’

President Biden’s critics were in for a shock Friday as the New York Times published a report on the 46th president for exaggerating his achievements on the economy.

Times reporters Alan Rappeport and Jim Tankersley published an article on Friday titled “As Election Approaches, Biden Spins His Economic Record,” which claimed the president’s boasts about his economic achievements were not certain

The report began by summarizing economic developments from the White House: “As President Biden and his administration have told you in recent months, America has the fastest growing economy in the world, its forgiveness program of student debt passed Congress by a vote or two. and Social Security benefits were made more generous under his leadership.”

LIBERALS FURIOUS AFTER NEW YORK TIMES REPORTS OF BIDEN’S ‘VERBAL FUELS’: ‘TRYING TO DESTROY US’

President Joe Biden talks about his administration’s plans to lower prescription drug costs and protect Social Security and Medicare, Saturday, Nov. 5, 2022, at Jones Elementary School in Joliet, Ill. (AP Photo/Patrick Semansky)
(Copyright 2022 The Associated Press. All rights reserved.)

The piece stated, “None of this was accurate.”

The report also stated, “The president, who has long been seen as embellishing the truth, has recently exaggerated his influence on the economy or omitted key facts.”

He then mentioned an erroneous statement recently made by the White House about Social Security. Quoting Biden, then correcting him, the Times said: “‘On my watch, for the first time in 10 years, seniors are getting an increase in their Social Security checks,’ he declared. The problem: That increase it was the result of an automatic increase in the cost of living caused by the fastest inflation in 40 years.”

The piece added, “Mr. Biden had done nothing to make retirees’ checks bigger; it was just a byproduct of the rising inflation the president has vowed to fight.”

The official White House Twitter account made this same claim about Social Security this week, receiving swift, community-based verification on Twitter. The White House then took down the tweet.

More singling out Biden, the Times stated that while “it is common for presidents to spin economic numbers to improve their pitch to voters,” “the president’s antics have grown increasingly to include exaggerations or statements misconceptions about the economy and its political history.”

BIDEN SAYS DEMOCRATS WILL OFFER ‘STRONGER’ SOCIAL SECURITY, WARNS GOP MAJORITY COULD ‘CUT’ IT

The New York Times reported on Biden’s gaffes on Tuesday.

The article insisted that Biden’s “economic exaggerations generally pale in comparison to the stories told by his predecessor, President Donald J. Trump,” though the very fact that a major liberal media outlet was behind Biden for falsehoods, turned heads on social media. .

Conservative reporter Michael Caputo encouraged the paper to go further: “Go ahead, say it, NYTimes, do it. You can say it: Biden is a liar.”

Rep. Thomas Massie, R-Ky., tweeted: “I’m suspicious of the NYT’s motivation for printing the truth about Biden. To them it’s out of character. Maybe blaming him and his mistakes for the midterm results is the “start of the left. effort to replace him with a different candidate in 2024.”

Brian Riedl, a senior fellow at the Manhattan Institute, commended the authors for their honesty in reporting the piece. He tweeted, Credit to @arappeport and @jimtankersley for reporting on the White House economic disinformation record. It’s getting worse and worse, and even this article barely scratches the surface of the dishonesty they produce in economic policy, which goes far beyond normal political spin.”

RealClearInvestigations senior writer Mark Hemingway tweeted: “Gif happening.”

Blaze Media CEO Tyler Cardon surmised that Democrats are tired of their president. He wrote: “They’ve seen enough.”

CLICK HERE TO GET THE FOX NEWS APP

Former senior Trump adviser Stephen Miller commented: “Even the NYT says Biden is a liar. Vote out Biden’s lackeys on Tuesday.”

Wall Street Journal film critic Kyle Smith sarcastically tweeted, “Surely not.”

Jeff Blehar of National Review commented, “Don’t blame this poor old man, it’s not his fault.”

On Friday, The New York Times called out Biden for exaggerating his economic success.
(REUTERS/Shannon Stapleton/File Photo | Getty Images)

admin

Share
Published by
admin

Recent Posts

More on the Interest-Income Channel

Last weekend, I wrote about Warren Mosler's argument that the Fed's rate hikes could be…

4 weeks ago

More information in the Interests Channel

Last weekend, I he wrote on Warren Mosler's argument that the Fed's rate hikes could…

4 weeks ago

Biden wants to reduce the deficit. Powell wants to reduce inflation. Do rate hikes undermine both goals?

Last week, the chairman of the Fed, Jerome Powell said, "the disinflationary process has begun".…

1 month ago

Quick thoughts on the CBO budget and economic outlook

Earlier this week, I joined Romaine Bostick and Scarlet Fu Bloomberg TV. The Congressional Budget…

1 month ago

Eight states have joined forces to raise taxes on America’s wealthiest

Tomorrow morning, I'll be joining CNBC's Squawk Box to talk about a new effort tax…

1 month ago

Mike Pence would pick up where Paul Ryan left off

Former Vice President Mike Pence talks about privatizing Social Security. The remarks came Thursday before…

2 months ago