President Biden is closing out the year with a look back at some of his administration’s accomplishments —but some of Joe’s “accolades” are being met with skepticism by, well, nearly everyone. Take for example this tweet about the economy:
“We’re ending 2021 with what one analyst described as the strongest first-year economic track record of any president in the last 50 years,” Biden wrote. “Let’s keep the progress going.”
We’re ending 2021 with what one analyst described as the strongest first-year economic track record of any president in the last 50 years.
Let’s keep the progress going.
— President Biden (@POTUS) December 29, 2021
What about the supply chain crisis? $4.50 a gallon gas prices? Inflation? National debt? And, perhaps most importantly, who is this “analyst” Biden references?
It’s not Mark Zandi, chief economist at Moody’s Analytics, who downgraded his first-quarter U.S. gross domestic product forecast to 2.2% growth from 5.2% as he “can see the economic damage mounting going into the first quarter.” It’s also not former Treasury Secretary Larry Summers, who told Bloomberg News, “we’ve got a fairly serious inflationary situation” on our hands.
The President’s job approval is currently sitting at record-breaking lows, with ratings rivaling that of the economically-challenged Carter administration. A recent PBS NewsHour/NPR/Marist poll shows 55 percent of Americans disapprove of Biden’s performance, including 44 percent who strongly disapprove. His disapproval ratings have jumped 20 points since he took office.