On 8/10/2022, President Joe Biden and his family left Washington Wednesday for a week-long vacation on Kiawah Island in South Carolina. Biden’s motorcade pulled up to the tarmac at Joint Base Andrews with first lady Jill Biden, son Hunter Biden and wife Melissa Cohen, and grandson baby Beau Biden in tow. The president was holding his grandson’s hand. Baby Beau waved at the military greeter, as the president saluted – while the first lady helped him up Air Force One’s stairs. The Bidens have visited the Kiawah several times before – including four times when he was vice president – but this is his first visit since winning the White House.
On 8/10/2022, Democrat Speaker of the House Nancy Pelosi insisted her son Paul Pelosi Jr. had no business dealings on the Asia trip she brought him on, during her weekly press conference.
On 8/10/2022, President Joe Biden took a victory lap after inflation climbed 8.5% from last year, during his remarks from the White House. “Before I begin today, I want to say a word about the news that came out relative to the economy. I want to say a number. Zero. Today, we received news our economy had 0% inflation in the month of July. 0%.” – Biden said.
Biden said, “wages are up,” even though real wages are declining, and real income is lower under his administration. Biden also said my “economic plan is working.” Biden said his tax hikes won’t raise taxes for people making under $400,000, even though that is not true. Biden thanked Senator “Jerry Morgan,” even though the senator’s name is Jerry Moran.
On 8/10/2022, it was reported that US inflation was 8.5% in July – this is still close to the highest rate in 40 years. “Prices that consumers pay for a variety of goods and services rose 8.5% in July from a year ago, a slowing pace from the previous month due largely to a drop in gasoline prices. On a monthly basis, prices were flat as energy prices broadly declined 4.6% and gasoline fell 7.7%. That offset a 1.1% monthly gain in food prices and a 0.5% increase in shelter costs.” CNBC reported.
On 8/9/2022, Democrat Senator Bernie Sanders repeatedly refused to say if he will support President Joe Biden in 2024, during an interview on CNN’s “The Situation Room” with Wolf Blitzer on 8/9/2022.
On 8/10/2022, Fox Business reported on the massive 8.5% consumer price hike & food prices have skyrocketed 10.9%, during a segment on Fox Business’s “Morning with Maria” with Maria Bartiromo.
On 8/10/2022, President Joe Biden economic advisor Jared Bernstein dodged when confronted on the highest level of food inflation in 40 years, during a segment on Fox News’ “America’s Newsroom” with Dana Perino and Bill Hemmer. Bernstein also joked about Americans concerned about 87,000 new Internal Revenue Service enforcers.
On 8/10/2022, Former Bill Clinton Treasury Secretary and President Barack Obama Economist Larry Summers said, “we have a very serious inflation problem,” during a segment on MSNBC’s “Reports” with Andrea Mitchell.
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Biden 0% inflation victory lap; Pelosi son Paul Pelosi Jr. no business on Asia trip ; inflation 8.5%