Joe Biden got terrible numbers on inflation on Thursday, indicating the CPI rose by 0.4 percent, with inflation at 8.2 increase since last year.
But Biden incredibly claimed that they were “making progress” even as things continued to get worse.
BIDEN: "Today's report shows, though, some progress" on inflation.
FACT CHECK: Core inflation increased at the highest rate since 1982. The consumer price index has been at or above 5% for 17 straight months. pic.twitter.com/3lkIEFQpZz
— RNC Research (@RNCResearch) October 13, 2022
He just can’t stop lying, it’s truly a sickness with him. Yes, he’s lying for the midterms but he’s been lying like this for forty years too.
But then the White House tried to spin that Social Security was going to go up in January, with the highest cost of living adjustment (COLA) since 1981 to deal with the Bidenflation. The Social Security Administration calculates COLA based on the increase in CPI from the third quarter of 2021 to the third quarter of 2022. White House Press Secretary Karine Jean-Pierre tried to take credit for the COLA as though they were gifting something to the American people because they had driven inflation up so high. “This means that seniors will have a chance to get ahead of inflation, due to the rare combination of rising benefits and falling premiums,” Jean-Pierre outrageously said. “We will put more money in their pockets and provide them with a little extra breathing room.”
But this wasn’t a random thought from Jean-Pierre, White House Chief of Staff Ron Klain was also heavily promoting this, adding a misleading comment about Medicare into it as well.
And for the first time in a decade, SS benefits will go up while Medicare premiums are going DOWN. So Seniors will get ahead on inflation. https://t.co/eRGWxVtz6x
— Ronald Klain (@WHCOS) October 13, 2022
“And for the first time in a decade, SS benefits will go up while Medicare premiums are going DOWN. So Seniors will get ahead on inflation,” Klain tweeted along with a report from the Associated Press.
He also retweeted a similar report from CBS correspondent Ed O’Keefe along with a tweet from Sen. Elizabeth Warren, D-Mass.
“Seniors deserve increases in their Social Security checks to keep up with risings costs — this year, and every year. Democrats are fighting to protect and expand Social Security, funded by the wealthy paying their fair share. Republicans want to cut these benefits,” Warren tweeted.
That takes some kind of gall and it’s all about trying to claim something positive to people on Social Security before the election. It’s just like what Biden did with the student debt bailout. It’s an effort to influence the election.
Social Security raised the COLA $140 for most people because of the incredibly high inflation that the Biden team built up. That inflation is taking hundreds of dollars more out of Americans’ pockets every month, and that’s hitting seniors especially hard. The $140 more a month next year doesn’t even begin to make up for the hundreds out of seniors’ pockets now. Even the article that Klain cited from the Associated Press noted that this might not help seniors suffering from the high inflation Biden has spawned. So Klain is either incredibly stupid and/or just lying to deceive Americans. Take your pick.
Many blasted Klain’s hot take.
"…actually inflation is good for seniors on fixed incomes!"
Holy hell, Ronnie. https://t.co/4wmoidcwkW
— Matt Gorman (@mattsgorman) October 13, 2022
So this is what putting lipstick on a pig looks like. https://t.co/oozNmlKX86
— Erick Erickson (@EWErickson) October 13, 2022
American Commitment President Phil Kerpen pointed out how deceptive Klain’s Medicare spin was.
Who does this fool? pic.twitter.com/PIntxRUqw9
— Phil Kerpen (@kerpen) October 13, 2022
This is like what the Biden team does with gas. After a massive increase in what people had to pay in premiums last year, it goes down a few dollars next year and they’re going to act like they did something good after they raised it so much?
They truly have no shame.
Story cited here.
