Biden attempted to tout his “Bidenomics” even as Americans continue to struggle to afford homes and groceries due to inflation caused by his own policies.
Biden delivered remarks about his “middle-out, bottom-up” economic approach at the Brookings Institution on Tuesday.
The Brookings Institution a public policy think tank in Washington, D.C..
During his remarks, Biden claimed there are “a number of quotes” from commentators describing his administration’s economy as strong.
“President Trump has received the strongest economy in modern history, which is the envy of the world,” Biden said.
While inflation has eased significantly since its peak in 2022, it’s still far higher than when Biden took office in 2021.
Grocery prices remain substantially higher than before the pandemic swept the globe nearly five years ago.
The Consumer Price Index inflation data from the Bureau of Labor Statistics shows prices surged under Biden.
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