On 10/15/2022, President Joe Biden delivered remarks on ‘lowering costs for Americans families’ at the East Portland Community Center in Oregon. Biden arrived to Portland, Oregon after a brief stop in Southern California. Biden said his Green New Deal repackaged as the ‘Inflation Reduction Act’ will help middle class families afford to buy energy efficient coffee machines. Biden on his plan to lower inflation: if you buy “an efficient coffee machine, you get a tax credit for it.” “it lowers their cost of a family on inflation — for their family, it’s reduced. It goes on. The same way what’s in the Inflation Reduction Act has to do with your ability to be able to get tax credits for buying — if you need a new coffee machine, a new washer, a new refrigerator, and you buy an efficient refrigerator, efficient coffee machine, you get a tax credit for it. It costs you less money.”
Biden said in 1922, about blood pressure drug and Medicare, but the drug blood pressure drug only available in 1950s & Medicare started in 1965. “Look, in 1922, the price for one blood pressure drug that millions of Medicare patients — beneficiaries rely on went up one — went up by 500 percent. Five hundred percent. Another drug used to treat autoimmune conditions increased by $1,000 this year. One thousand dollars. Those of you who are on it, you’ll know what I’m telling you to be true. It’s outrageous.” However On July 30, 1965, President Lyndon Johnson traveled to the Truman Library in Independence, Missouri, to sign Medicare into law.
Biden also tried to tell a story about his grandpop and began shouting out of no where at the end of his speech. “Every time I’d walk out of my grandpop’s house, he’d say, ‘Joey, go out and spread the faith.’ And my grandma would go, ‘No, Joey. No, Joey…” [confused pause] “Holler. Holler. Don’t just keep the faith spread it,” Biden shouted.
Joe Biden Opens Oregon Speech With Bizarre Exchange About Audience Seating Options. Things aren’t going well…
Biden forgot the name: Is Biden referring to Democrat Sen. Ron Wyden, who he introduced just moments prior? Biden said, “It’s just wrong. It’s simply wrong. But between Merkley and that other guy I just talked about — (laughter) — in the Senate — Look, in 1922”
Biden brags and tries to spin that Social Security was going to go up as something positive due to record inflation, “And earlier this week, we announced that Social Security benefits are going to go up an average of $140 a month beginning — starting next year. (Applause.) Seniors are going to be ahead of inflation next year. For the first time in 10 years, Social Security checks are going to up”
On Inflation Reduction Act, Biden said “I know the names’ of these pieces of legislation are just boring.” He forgot the name is also not true. “And, folks, I know the names of these pieces of legislation are just boring, but the Inflation Reduction Act …”
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Biden: no chairs, fact checkers blood pressure drug & Medicare in 1922? Buy energy efficient coffee machines