



White House press secretary Karine Jean-Pierre was fact-checked Monday after claiming Americans are more financially confident thanks to President Joe Biden.
At the press briefing, CNN reporter Jeremy Diamond asked why the White House is boasting about "Bidenomics," citing polling that shows an overwhelming majority of Americans disapprove of Biden's handling of the economy.
"Is there a risk that this new branding could backfire?" the reporter asked.
But if Jean-Pierre's response is any indication, it's clear the White House does not believe its fantasy narrative will backfire.
"Look, 13 million jobs. Again, when you think about how Americans feel better about their personal finances, that is important," she said. "When you think about wages are going up, when you think about the really good paying, millions of good paying jobs, that union jobs that his policies are going to create, all the things are really incredibly important. So the president's going to continue to speak to that."
06/26/23: Press Briefing by Press Secretary Karine Jean-Pierreyoutu.be
Jean-Pierre's assertion went viral on social media precisely because it shows the disconnect between reality and the Biden administration's narrative.
It's not true that Biden has created 13 million jobs. While the economy may have added that many jobs since Biden became president, the vast majority of those jobs represent people who returned to the workforce after pandemic lockdowns.
Inflation, meanwhile, is still high at 4% — twice the Federal Reserve's targeted rate, while American households are carrying more debt and less savings. Corporate bankruptcies and foreclosures are up too.
None of these are metics of a thriving economy. Indeed, only one-third of Americans approve of Biden's job on the economy while even fewer (24%) believe the economy is in good shape, a recent Associated Press-NORC poll found.
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