Joe Biden just received a Community Note on X after falsely claiming the inflation was 0% last quarter.
Biden wrote, “Inflation was 0% last month – and our economy grew by more than 5% last quarter. Bidenomics.”
Shortly after Biden and his team made the post, he was fact-checked by X’s Community Notes.
In the fact check, it was written, “Tweet is referring to the PCE index, % change from the preceding month. Inflation is normally assessed annually (12 months), however, & the Fed’s PCE goal is 2%. It is currently 3.”
The Community Note continued, “A more commonly referenced inflation index is CPI, which shows an annual inflation of 3.2%”
Look at it here:
Inflation was 0% last month – and our economy grew by more than 5% last quarter.
Bidenomics.
— President Biden (@POTUS) December 2, 2023
Here was social media’s reaction:
Joe Biden gets REKT by community notes after claiming inflation was 0% last month. pic.twitter.com/4YqtyZPPgT
— Citizen Free Press (@CitizenFreePres) December 2, 2023
JUST IN: 🇺🇸 President Biden receives a community note after claiming inflation was 0% last month. pic.twitter.com/KUJxFMcIh7
— Bitcoin Scoop (@bitcoin_scoop) December 2, 2023
Just a day before Biden was fact-checked too.
Per BizPac Review:
You know President Biden is super serious about something when he starts his sentence with, “Let me be clear…”
The aging Democrat should, however, be certain that he’s got the facts straight before he asks users on X to acknowledge how clear he’s being, because the Community Notes army can instantly turn what is meant to be a forceful statement into a farcical joke.
“Let me be clear to any corporation that hasn’t brought their prices back down even as inflation has come down: It’s time to stop the price gouging,” the president — or someone posting for the president — warned businesses. “Give American consumers a break.”
Readers on X quickly added some much-needed context, leaving Biden sounding less like a leader and more like a grumpy old man trying to rid his lawn of visitors.
“As long as the inflation rate is positive, prices are increasing,” the Community Note slapped to the president’s post reads. “The fact that inflation has co
Take a look:
Let me be clear to any corporation that hasn’t brought their prices back down even as inflation has come down: It’s time to stop the price gouging.
Give American consumers a break.
— Joe Biden (@JoeBiden) November 30, 2023
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