Biden - 1 year

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Breaking Down Biden’s One-Year Claims

The Topline: This week marks one year since President Joe Biden took office. He held a press conference celebrating his achievements, but he left out some key statistics.



Quote Of The Day: “He is now 1.1 million jobs short of his promises from the last COVID stimulus. Small business pessimism is at a 48-year low. … inflation has been so high in one year, President Biden took back all of the wage gains that families were seeing from the previous years under President Trump’s Tax Cuts and Jobs Act.”



– Congressman Kevin Brady (R-TX), ranking Republican member of the House Ways and Means Committee

Biden's Claims

During a press conference on Wednesday, President Biden highlighted the number of people vaccinated against COVID-19, as well as the passage of the American Rescue Plan and his trillion-dollar infrastructure bill.



Throughout the press conference, the President selectively cited economic statistics, saying the economy added 6 million new jobs, but that’s slightly fewer jobs than the Congressional Budget Office projected before he passed $3 trillion in new federal spending. It’s true unemployment is down, but this is due to the vast amount of people exiting the labor market, leaving stores unable to find workers. Insurance premiums for employer-sponsored health plans increased by 4% last year.



It’s true that wages rose 4.7% in 2021 but inflation rose even more. In practice, wages fell last year by 2.4%, which is an average of $5,000 a year: $3,500 in higher prices on consumer goods, and $1,500 from what economists in the ‘70s called “bracket creep,” referring to when inflation pushes taxpayers into higher tax brackets.



As far as the supply chain is concerned, officials started fining ships that docked too long near the port, making it appear as if there was less cargo to unload. In fact, the number of ships idled at the ports of Los Angeles and Long Beach surged to a record-breaking 105 vessels earlier this month.

More Issues

Biden also defended his withdrawal from Afghanistan, but he made no apologies for the botched strategy that left American service members killed, American citizens stranded and hunted by the Taliban.



The president also didn’t mention issues such as violent crime. Murders rose in at least 22 major cities in 2021, placing them at or near record highs.



The murder of police officers hit its highest level in years: A total of 346 officers were shot in the line of duty, and 73 were killed.



Biden also said nothing about the highest rate of illegal immigration in U.S. history, or the explosion of fentanyl overdoses, which have eclipsed car accidents and suicide as the leading cause of death for Americans ages 18 to 45.