Biden Claims Inflation Will Get Worse If Republicans Win Midterms as Prices Soar Under Democrat Control
Biden Claims Inflation Will Get Worse If Republicans Win Midterms as Prices Soar Under Democrat Control

By Katabella Roberts

President Joe Biden claimed Thursday that 40-year high inflation would worsen if Republicans win control of Congress in the midterm elections in November.

Biden made the comment during a speech in Los Angeles, California on Oct. 13 where he touted his Bipartisan Infrastructure Law Investments, claiming that he had helped create more jobs across the country.

“Folks, you know, Republicans are going to make you—working, middle-class folks—pay higher taxes,” Biden said. “And the biggest corporations—and, by the way, in every single piece of legislation I’ve gotten passed with the help of the people here, we have not raised the tax on anybody making less than 400,000 bucks a year one penny. I wish I was making 400—you were making 400 grand. But not a single penny. No, I mean it: not a single penny. ”

“If Republicans win, inflation is going to get worse. It’s that simple,” Biden added.

The president then went on to urge people to vote for Democrats who he said are “working to bring down the cost of things they talk about around the kitchen table, from prescription drugs to health insurance, to energy bills and so much more.”

Biden’s remarks come after data published on Thursday showed that inflation remained persistently high at 8.2 percent in September, down just slightly from 8.3 percent in August. This was higher than the 8.1 percent markets had anticipated.

Core inflation, which removes the volatile food and energy sectors, rose to a 6.6 percent annual rate; marking a new four-decade high.

President Joe Biden delivers remarks at the Metro D Line (Purple) Extension Transit Project – Section 3 in Los Angeles, Calif., on Oct. 13, 2022. (Apu Gomes/Getty Images)
President Joe Biden delivers remarks at the Metro D Line (Purple) Extension Transit Project – Section 3 in Los Angeles, Calif., on Oct. 13, 2022. (Apu Gomes/Getty Images)

‘Some Progress’ With Inflation

Despite soaring inflation appearing to continue unabated, Biden said on Thursday that the latest data from the Bureau of Labor Statistics (BLS) shows “some progress.”

“Overall, inflation was 2 percent over the last three months. That’s down from 11 percent over the prior three months. And that’s progress,” he said.

He then went on to state that a big reason behind the “progress” with regards to inflation was “getting the cost of living at the gas pump down by more—now even in California now—by more than a dollar nationally and—since the start of summer,” adding “there’s a big difference for working folks.”

Gas prices fell 4.9 percent in September, according to data from Thursday’s inflation report, however, the national average price of gasoline stood at $3.903 as of Oct. 14, according to data from AAA, up from $3.891 a week prior.

In California, drivers are having to fork out even more to fill up their tanks—$6.152 according to AAA data.

Meanwhile, BLS data showed that the overall energy index is still up 19.8 percent over the 12 months through September.

Biden during Thursday’s speech acknowledged that gas prices are still too high and said that his administration needs to continue working to bring them down.

His comments come as his support is dwindling ahead of the midterm elections in November. According to the latest Reuters/Ipsos opinion poll, 55 percent of Americans disapprove of Biden’s job performance, while 40 percent approve. The poll gathered responses from 1,004 adults over a two-day period, including 495 Democrats and 321 Republicans. It has a 4 percent margin of error.

Biden has said he will not decide on whether to run for reelection until after the midterms.

Affiliate News Feeds

  • Reuters
  • Washington Examiner
  • The Federalist
  • The Epoch Times
  • The Guardian
  • The Gateway Pundit
  • Judicial Watch

By Naveen Athrappully NASA announced on Tuesday that it intends to cancel the development of its GeoCarb mission, which was proposed to be a low-cost satellite aimed at monitoring greenhouse gas… [...]

By Bryan Jung The rate of job cuts in the United States soared 127 percent in November, amid a wave of layoffs in the tech industry. The American employers announced 76,835 cuts… [...]

By Jennifer Margulis and Joe Wang What medicine should you take? How should you treat any given illness? What preventative measures are most effective for you? Which vaccines do you need? These… [...]

A former professor at the University of California San Diego said she gave all of her students "A" grades and no homework in a recently unearthed video. [...]

A key Senate vote over whether to provide paid sick leave for rail workers is highlighting a divide within the GOP, a party that has increasingly tried to position itself… [...]

Transmission infrastructure will need to double or triple to accommodate the growth. [...]

Anyone still wearing a face mask to protect himself from Covid probably has no intention of ever shedding it now. [...]

Anyone who actually watched 'Wednesday' can see that the 'racism' accusations are ridiculous and performative. [...]

Chuck DeVore's historical fiction book 'Crisis of the House Never United: A Novel of Early America' demonstrates not only why procedure and patience matter, but also the genius of the… [...]

The head of the largest oil and natural gas trade association warned that failure to replenish the U.S. Strategic Petroleum Reserve (SPR) could trigger another oil crisis in the coming… [...]

This episode will premiere on Friday, Dec. 2 at 8 p.m. ET. In this episode of Kash’s Corner, we discuss the impending release of the Jan. 6 committee’s final report.… [...]

New York’s quest to replace the troubled Rikers Island jail complex with smaller facilities across the five boroughs could lead to either hazardous overcrowding or the release of dangerous detainees,… [...]

Health Security Agency issues rare alert over rise in cases, urging people to seek immediate medical help if they see symptomsQ&A: what are the symptoms and how can strep A… [...]

Exclusive: Labour says ministers have been told repeatedly that people with prepayment meters are not getting enough supportCase studies: ‘I can’t afford to heat my son’s room’Up to half a… [...]

Group G match at Stadium 974 kicks off at 7pm GMTCameroon v Brazil – follow live with Scott MurrayShare your thoughts with Will via email or on TwitterThe national anthems… [...]

Joe Biden’s gender fluid “pup handler” DOE employee Sam Brinton was charged with felony theft for stealing a woman’s luggage last month at MSP airport in Minnesota. According to Alpha… [...]

By Wayne Allyn Root Let me start with a disclaimer. I’m a Jew. Not just any Jew. Ancestery.com tested my DNA and reported I’m 99.9% Eastern European Jewish ancestry. That’s… [...]

The Department of Homeland Security has issued a National Terrorism Advisory System Bulletin in advance of the holidays. The United States remains in a heightened threat environment. Lone offenders and… [...]

From Fox News: The Secret Service will not say why they changed their position regarding a government watchdog’s records request into Hunter Biden’s gun investigation records. Government watchdog Judicial Watch… [...]

(Washington, DC) – Judicial Watch announced today that the United States Secret Service has repeatedly changed its position about whether it is in possession of records related to the investigation… [...]

The Biden administration is giving a nonprofit partially funded by leftwing billionaire George Soros’s Open Society Foundations (OSF) $12 million to strengthen labor rights and empower workers in three Latin… [...]

USNN2020

USNN World News (USNN) USNN World News Corporation is a media company consisting of a series of sites specializing in the collection, publication and distribution of public opinion information, local,...