On 11/7/2022, Karine Jean-Pierre says she “disagree” Biden hasn’t been successful on lowering costs, before midterm, release emergency oil reserves. A reporter asked, “On the economy, you said here the President’s plans are going to lower costs, they’re going to get inflation down. But the President has been giving us that message for more than a year, basically without much success. So is it time for a pivot?”
MS. Jean-Pierre: So, I disagree with that not having much success, because if you look at the President’s policies as it relates to, for example, the gas prices, the President took bold actions, as you’ve heard us say. You know, he tapped into the Strategic Petroleum Reserve, which was a historic action. And because of that, and it has been proven by data … that’s an action that he took. Inflation Reduction Act. Again, only Democrats — congressional Democrats voted for that. It’s going to lower the cost of energy. It’s going to … We understand that Americans are feeling a little bit of a squeeze right now. And we get that. The President gets that
Inflation denier: Jean-Pierre claims “we’re seeing inflation easing” A reporter asked Jean-Pierre, “But it seems open ended. There’s no end. There’s going to — in the future, at some point, inflation is going to go down. We’re still seeing inflation at 8.2 percent, near 40-year highs.”
MS. Jean-Pierre: Well, we have —
Reporter: And core inflation is still rising.
MS. Jean-Pierre: What we have seen, actually — that — that is — that’s not what we have seen from the data. The data has shown that we are seeing some easing in inflation. That is what we have seen from the most recent pieces of data. And that is important to note. We’re not saying that inflation is not an issue for the American people.
But if you look at the GDP, if you look at, you know, CPI, if you look at the data that we all look at, all economists take a — take a really keen eye on these pieces of information, we are seeing inflation easing.
Now, do we need to do more work? Absolutely. Is the President going to continue to do everything that he can to — to lower costs for the American people? Yes.
Jean-Pierre said the opposite: “People Are Seeing Their Wages Go Up” As Real Wages Fall At Fastest In 40 Years. A reporter asked Jean-Pierre, “On Friday, the President, in his statement on the jobs report, said, quote: We’re going to do what it takes to bring inflation down, but as long as I’m President, I’m not going to accept an argument that the problem is that too many Americans are finding good jobs. Was that statement directed at the Federal Reserve, which anticipates unemployment will go up as they raise interest rates? Or if not, who was the target of that clause?
MS. JEAN-PIERRE: Absolutely not. That was not targeted at the Federal Reserve … He was, you know, I think, speaking to the critics about the number of jobs that were created … And so, he wanted to say that, hey, look, 260,000 jobs — 261,000 jobs is something that we should be praising. And we shouldn’t be saying it’s — it’s good that people are seeing their wages go up … “
Before midterm, release emergency oil reserves lower gas prices: Jean-Pierre said, “When you think about inflation, when you think about what the President has done to lower cost; you think about gas prices, taking really historical actions to make sure we tap into — tapping into the Strategic Petroleum Reserve so that we can bring gas prices down — they have by a buck 25; and you think about the Inflation Reduction Act, which is so important, which is going to lower energy costs, which is going to lower healthcare premiums. Republicans — this first thing that congressional Republicans said that they’re going to do is they’re going to repeal that”
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Q: Biden not successful on lowering costs. A: “disagree”, before midterm used emergency oil reserves