Biden hails the U.S. as the ‘strongest economy in the world’ but its hot inflation is angering allies as their currencies flop

6 comments

1. what the hell are they talking about?!?! the US has some of the lowest inflation rates amongst industrialized nations

2. So dollar being too strong is bad?: Also what allies are talking US inflation is the lowest of the growing developed countries, only UK is 0.1% lower

3. Jesus Christ, you just can’t win.

4. Joe Lie-den will say anything to get re-elected

5. Biden refuses to acknowledge record homelessness.

6. Let’s be real here. Biden’s economy is not working. Many new jobs creation are attributable to new immigrants. People are getting laid off everywhere. Some have been been laid off multiple times in a year! People can’t buy a house because median house prices have outpaced medium income. People can’t buy a car because insurance costs have sky rocketed. His massive stimulus is a root cause of much of the inflation – eg his EV subsidies caused increased demand for EVs which are more expensive to repair and therefore insurance costs shot through the roof. The capital markets have been frozen for a long time, so companies cannot raise money to invest in their businesses. Dont get me started on his Ukrainian and Israeli foreign policy. He’s not doing as great as many redditors here insist. Let’s call a spade a spade.