President Joe Biden launched an accusation against Republican leadership involving the economy.
Biden took to Twitter on Friday to comment on the jobs report.
“Today’s jobs report shows we’ve added 261,000 jobs and maintained a historically low unemployment rate of 3.7% – our economy is strong,” Biden tweeted.
He added, “And, folks, despite Republican leadership rooting for recession, our economy continues to grow and add jobs as gas prices come down.”
Biden acknowledged families are “squeezed by global inflation. It’s why I have a plan to lower costs and build an economy from the bottom up and middle out.”
Concluding his Twitter thread, he wrote, “The Republican plan is different. They want to increase health care and energy costs, while giving tax breaks to the wealthy.”
But look, I know families are squeezed by global inflation. It's why I have a plan to lower costs and build an economy from the bottom up and middle out.
— President Biden Archived (@POTUS46Archive) November 4, 2022
The Republican plan is different. They want to increase health care and energy costs, while giving tax breaks to the wealthy.
The president issued a full statement on the jobs report, saying while “comments by Republican leadership sure seem to indicate they are rooting for a recession, the US economy continues to grow and add jobs even as gas prices continue to come down.”
Continuing to take aim at Republicans, Biden said their plan “is very different.”
The statement continues, “They want to increase prescription drug costs, health insurance costs, and energy costs, while giving more tax breaks to big corporations and the very wealthy.”
Additionally, Biden vowed to “continue to work for an economy built from the bottom up and the middle out, not the top down as my Republican friends would have.”
INBOX: @potus Biden comments on the jobs report include this: “…while comments by Republican leadership sure seem to indicate they are rooting for a recession, the US economy continues to grow and add jobs even as gas prices continue to come down.” pic.twitter.com/mNuJjzHZao
— Ed O'Keefe (@edokeefe) November 4, 2022
CBS News reported last month a survey of economists found the U.S. is likely to enter a recession sometime next year.
According to an October USA TODAY/Suffolk University poll, 37% of likely voters believe the economy and inflation is the most important issue that will affect their vote.
A Bipartisan Policy Center/Morning Consult poll discovered 54% of respondents said they experienced a spike in rent, mortgage, or utility payments over the past year.
“At this point, I don’t even care about voting. I don’t feel like it makes a difference how I vote,” Shacoma Wilton-Waddell, one of the renters interviewed by USA TODAY, said.
She added, “I could vote for a paper bag and I’m gonna have the same results. I don’t have any faith in the system.”
