Biden is citing economic development but voters want to do something on inflation

Biden said, “Our economy has gained momentum and is growing. Along with this, he admitted that the American is not ready to be happy about it.

Washington| Nearly seven months before the US midterm election, President Joe Biden is focusing on the issue of inflation as he finds it difficult to take credit for economic growth. Biden was sworn in as president last year and employment opportunities in the country have increased since then.

He said on Friday that 4,31,000 new employment opportunities have been created in the month of March and the unemployment rate has come down to 3.6 percent. However, the impact of his claim seemed to be undermined by the admission that food and gas prices in the country have risen and inflation has reached an all-time high.

Biden said, “Our economy has gained momentum and is growing. Along with this, he admitted that the American is not ready to be happy about it.

The President said, “I know the work is not done. We have to do a lot more work to control the prices.

Biden’s Friday speech had dual messages: the economy’s growth was subject to conflicting figures and it is up to voters how they take it. For example, the President pointed out that wages have increased by 5.6 percent in the last one year, but on the contrary, there has been an annual increase of 7.9 percent in the price of consumer goods. The unease on the economic front is also visible in the opinion polls.

Nearly seven in 10 Americans said the economy was bad, while two-thirds rejected Biden’s economic leadership, according to a March poll conducted by the Associated Press-NORC Center for Public Affairs Research.

Disclaimer:Prabhasakshi has not edited this news. This news has been published from PTI-language feed.


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