According to Hollywood actress and singer Barbra Streisand, Joe Biden’s economic performance in his first year is the “greatest in 40 years.” She said that the media “mostly overlooks this.” She noted that President Biden has the best economic record of any president in the last 50 years. Numerous of Biden’s figures may be argued to have grown over 2020 statistics since many limitations put on the nation due to the epidemic were removed, according to some of her liberal supporters. After all, if those artificial limits were lifted, an economy would have nowhere to go but grow.
Moreover, President Joe Biden brags about having “the finest first-year economic track record of any president in the previous 50 years,” but his claim is debatable. He didn’t say who that “one analyst” is (it may be “Doctor” Jill), but he did make a significant assertion.
Inflation is now at 6.8%, the highest level in 40 years, measured by the Consumer Price Index (CPI). Inflation is outpacing wage growth, causing a pay reduction for Biden, resulting in lower real income and decreased living standards. Even though diminishing incomes are likely the most critical issue affecting American well-being, the mainstream media makes little to no notice of them.
According to a recent survey, Americans believe Biden’s policies are causing inflation and economic problems to worsen, not improve. Even CNN, a left-wing television news channel, remarked that one of Biden’s main challenges heading into the 2022 midterm election season is lackluster economic growth.
Furthermore, The White House is desperately trying to deflect attention away from President Joe Biden’s poor economic record. The Administration dispatched agents to meet with media members privately to persuade them to spin Biden’s poor statistics more favorably. Officials at the White House were so confident in the third-quarter growth report that they didn’t even release a statement.