CNN anchor warns Biden voters aren’t as stupid as he thinks they are on the economy

President Joe Biden is painting a rosy – and false – picture of the U.S. economy and one CNN anchor warns the Democrat is “pissing off ” voters with his claims.

CNN correspondent John King cautioned the president about being on “very dangerous ground” with voters as he continues to make claims that his administration has managed to turn the economy around.

Biden told CNN anchor Erin Burnett in a recent interview that “corporate greed” is responsible for the crushing burdens Americans are under, claiming inflation was 9% when he came into office and repeating the misleading claim that his administration has created jobs.

But King warned that voters do not agree with the president’s outlook or assertions despite what the numbers show.

“He is on very dangerous ground,” King told “The Lead” host Jake Tapper.

“I would say he risks offending — forgive my language — I would say he risks pissing off some of the voters I’ve talked to in my travels over the last six or seven months because they don’t feel it,” he added, noting that he has spoken with voters in Wisconsin and Michigan who are currently unhappy with the Biden economy.

“Just last week, I was in Michigan talking to auto workers, auto workers who are prepared to vote for President Biden. They believe he‘s the most pro-union president, but even they, they seem beleaguered when they talk about the cost of groceries and how hard it is, and they can‘t move out of their house because they want to upgrade, but they can‘t afford a newer house, a bigger house right now because of mortgage rates,” King added.

“So the statistics back up the president‘s argument that economy is much better and is growing and is strong, the strongest in the world. He is correct, however, voters don‘t feel that way, and voters don‘t like being told they‘re wrong,” King contended.

When Biden entered office the inflation rate was 1.4%, not 9% as he claimed, according to the Bureau of Labor Statistics. By June 2022, it had shot up to 9.1%, well above the Federal Reserve’s targeted rate of 2%. And while inflation numbers appear to be dropping, the purchasing power of the dollar has declined significantly.

Despite Biden’s dismissal of Burnett’s remark about the GDP, the facts don’t bear out his claims.

“Gross domestic product, a broad measure of goods and services produced in the January-through-March period, increased at a 1.6% annualized pace, below the 2.4% estimate,” CNBC reported last month.

And Biden’s claim about creating jobs is one he has often repeated though the facts reveal a different reality as revised figures show the numbers are lower than initially reported. Also, many of the jobs seen as being added were simply employees returning to work after COVID lockdowns.

“The number of Americans filing new claims for unemployment benefits rose last week to the highest level in more than eight months, offering more evidence that the labor market was steadily cooling,” Reuters reported. “The weekly jobless claims report from the Labor Department on Thursday, the most timely data on the economy’s health, followed news last week that the economy added the fewest jobs in six months in April, while job openings dropped to a three-year low in March.”

Frieda Powers

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