President Biden, who is occasionally fond of saying “the buck stops here,” has had a few speeches recently where he blamed all the problems the country faces on Covid, Putin, oil companies and any other number of scapegoats. However, Biden did say today that on the economic front things are going wonderfully:
There have been only three months in the last 50 years where the unemployment rate in America was lower than it is now.
What this means is clear: Americans are back to work.
— President Biden (@POTUS) April 1, 2022
Over the course of my presidency, our recovery has now created 7.9 million jobs—the most jobs created over the first 14 months of any presidency, in any term, ever.
— Joe Biden (@JoeBiden) April 1, 2022
Given all that self-proclaimed awesomeness, Biden’s approval is somewhere between the low 30s and 40, and the president’s remaining supporters, which includes many in the media, are wondering why that is. Carol Roth has an answer for those people:
To the media folks baffled by why Americans aren't feeling good about the economy despite "tightness" in labor market:
-Wages aren't keeping pace with inflation
-Inflation is going to cost them thousands more in expenses this year alone
-They are getting priced out of housing
— Carol Roth (@caroljsroth) April 1, 2022
Yep, that about explains it! And of course most people aren’t buying the Biden administration’s disingenuous “jobs created” BS when they are in fact jobs restored after shutdowns.
Back when reporters were working class, they’d have understood this without being told.
Now that journalists are in the “educated” class, they won’t get it even after it’s explained.
— Alex Kaufmann (@alexkaufmann) April 1, 2022
It’s difficult to make reality ring true inside the bubble.