On Thursday, White House Deputy Press Secretary Karine Jean-Pierre tried to suggest that the ongoing supply chain crisis has been a result of President Biden’s “historic economic recovery,” a claim that did not align with the reality of the economy’s consistent underperformance under Biden.
“You know, there’s a lot to talk about Christmas presents not arriving on time. But the issue is more severe and critical than that. I mean, it’s affecting small businesses. Autobody shops can’t get parts to fix cars, so they can’t make money,” a reporter said. “Ninety percent of school nutrition programs say they’re worried about continued supply chain issues, according to a School Nutrition Association survey. Some schools are making last-minute grocery store trips just to feed their students.”
“So, if this is an issue that the White House has been working on and aware of since February, why does it seem like this is a problem that is getting worse, not better?” the reporter asked.
“I would say this: When it comes to the supply chain, you know, it’s a — there are complexities there when you think about, you know, the — when we learn about the global supply chain as well — right? Those are — so that’s one thing that you kind of have to put it in the — in the bigger picture,” Jean-Pierre claimed. “There are port directors, terminal operators, ocean carriers, railroad, truckers, warehouse — warehouses, and retailers, and let’s not forget consumers who have a record level of demand as we have made a historic economic recovery.”
“Because we have — we have — the forecasters — the economic forecasters did not see — did not think we would be where we are today; we have surpassed that,” she claimed. “So, we have had some historic economic recovery.”
The Biden economy’s “historic recovery” has only been historic in its stunted recovery as it has consistently performed worse than the predictions of economists – with the unemployment rate even rising from March 2021 to April 2021, when the economy added back 650,000 less jobs than expected.
The Biden economy has continued to worsen since, with September being the worst month for the economy this year.
The Wall Street Journal explained, “The economy created 194,000 jobs in September, the smallest gain since December 2020 and down from 366,000 jobs added in August. Many workers gave up a job search and exited the labor force last month. The smaller pool of labor meant that despite the slowdown in hiring, the unemployment rate fell to 4.8% last month from 5.2% in August.”
While many are out of work, a historic supply chain crisis developed and inflation has continued to be at record high levels – meaning higher prices for already struggling Americans.
“U.S. inflation accelerated [in September] and remained at its highest rate in over a decade, with price increases from pandemic-related labor and materials shortages rippling through the economy,” the Wall Street Journal reported.
