White House

Inflation is at 8.3% but Biden still claims \"historically strong\" economic recovery #shorts

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Inflation is at 8.3% but Biden still claims “historically strong” economic recovery #shorts

In this report, we cover the key points from the video “Inflation is at 8.3% but Biden still claims “historically strong” economic recovery #shorts.” Watch the full video above for complete coverage and context.

On 10/7/2022, Joe Biden was at a Volvo plant on national manufacturing day. Joe Biden: “What we need to do in this transition, we have to move from a historically strong economic recovery to a more steady, stable recovery. We need to bring inflation down…and that’s exactly what we’re seeing.” Inflation is at 8.3% and the economy is in a recession!

Key Points

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On 10/7/2022, Joe Biden was at a Volvo plant on national manufacturing day

  • Joe Biden: “What we need to do in this transition, we have to move from a historically strong economic recovery to a more steady, stable recovery
  • We need to bring inflation down…and that’s exactly what we’re seeing
  • 3% and the economy is in a recession

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