MSNBC host Chris Jansing interrupted a White House official with a reality check Thursday for repeating the administration's trite narrative about the economy.
Speaking with deputy White House chief of staff Jen O'Malley Dillon, Jansing said Biden has repeatedly claimed the economy is working for Americans — but they aren't actually buying what he's selling.
"The White House argument has been the same all year long— for months, he’s been making this argument," Jansing noted.
"And yet our latest poll here at NBC shows only 16% believe the economy is excellent or good; 59% expect a recession within a year," she continued. "So why isn’t that argument working?"
O'Malley Dillon responded by claiming "it's not just an argument he’s making," before Jansing interjected with a reality check.
"He’s delivering for the American people —" O'Malley Dillion claimed.
"But they're not buying it," Jansing interjected.
The taste of reality, however, failed to deter O'Malley Dillon, who defended Biden and the actions he has apparently taken to alleviate the economic burden that Americans feel.
She went on to attack Republicans, highlighting their promise to overturn Biden's economic policies if they win control of Congress in the 2022 midterm elections.
But the truth is that Biden's major economic policies — the American Rescue Plan, his COVID-19 stimulus, and the Inflation Reduction Act — have not eased economic woes. In fact, economists generally agree that the American Rescue Plan exacerbated inflation and that the Inflation Reduction Act will not actually reduce inflation.
Moreover, Biden likes to claim he has created 10 million jobs as president and presided over record deficit reduction.
But according to the Congressional Budget Office, deficit reduction seen under Biden has been caused by waning pandemic-related spending.
The CBO has explained:
CBO projects that the federal budget deficit will shrink to $1.0 trillion in 2022 (it was $2.8 trillion last year) and that the annual shortfall would average $1.6 trillion from 2023 to 2032. The deficit continues to decrease as a percentage of gross domestic product (GDP) next year as spending related to the coronavirus pandemic wanes ...
And while the economy has acquired the number of jobs Biden touts, most of those are attributed to people returning to the labor force after the pandemic.
In fact, according to the latest jobs report, there are only 514,000 more jobs today than in February 2020 before the pandemic.