Tuesday, November 23, 2021

Fact Check: Biden Says Under His Leadership America Is 'Leading the World in Economic Growth'

President Joe Biden embellishes the truth - some would say he lies - regularly, and he was at it again on Monday when he claimed the U.S. is leading the world economically coming out of the COVID-19 pandemic.

"We've gone from an economy that was shut down to an economy that is leading the world in economic growth," Biden said.

BIDEN: "We've gone from an economy that was shut down to an economy that is leading the world in economic growth." pic.

The United States is producing nearly 2 million barrels of oil a day less under Biden than it was at its peak under former President Donald Trump, during whose administration the nation became a net energy exporter for the first time in nearly 70 years.

One of the best things the American economy still has going for it is that it is still under the 2017 Trump Tax Cuts and Jobs Act regime, but Biden wants to end that, too.

Under Biden's plan, the combined corporate tax rate would go from slightly above China's 25 percent to well above it.

President Biden, America is not currently leading the world economically, and your policies are a good part of the reason why.
 

https://www.westernjournal.com/fact-check-biden-says-leadership-america-leading-world-economic-growth/ 

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