Biden administration left with egg on their faces as they’ve been insisting for months that prices have been coming down as 2024 election closes in.
Biden Treasury Secretary Janet Yellen claimed that Americans realize prices are not going to come down anytime soon.
“I think most Americans know that prices are not likely to fall,” Yellen told ABC News on Monday. “It’s not the Fed’s (Federal Reserve) objective to push the level of prices back to where they were.”
Biden Treasury Secretary Janet Yellen: “I think most Americans know that prices are not likely to fall.” pic.twitter.com/QM9fWa56NS
— RNC Research (@RNCResearch) January 29, 2024
Yellen’s admission totally demolishes the talking points peddled by the Biden regime in recent weeks.
Joe Biden, Kamala Harris, and members of his campaign have been lying through their teeth about falling prices in recent remarks.
“Over the last year, prices are down on everyday items, from a gallon of gasoline to a gallon of milk, and folks are beginning to feel it,” Biden falsely claimed last week.
Biden brags about overall prices (which are up 17.3% under Biden) and gas prices (which remain up ~30% since Biden took office) pic.twitter.com/Lbq2po1qL3
— RNC Research (@RNCResearch) January 24, 2024
White House Press Secretary Karine Jean-Pierre likewise claimed that inflation has fallen back down to pre-pandemic levels, ignoring the fact that overall prices are up over 17% since Biden took office.
FACT CHECK: Prices are up 17.3% under Joe Biden pic.twitter.com/ohrC8dlSzw
— GOP (@GOP) January 26, 2024
Sen. Chris Coons (D-Del.), Biden’s campaign co-chair, also falsely claimed that prices are down.
“As inflation has come down, prices have come down as we’re beginning to see the impact in people’s pocketbooks of President Biden’s leadership,” Coons told CNN last week.
Biden campaign co-chair Chris Coons claims “prices have come down.”
He’s lying. Overall prices have gone up by 17.3% since Biden took office. pic.twitter.com/5eSs4q3xy5
— RNC Research (@RNCResearch) January 21, 2024
All the Biden administration can do is lie its way through 2024 election if it has any prayer of defeating Donald Trump.