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Joe Biden at the beach
Joe Biden at the beach
C-Span / Edited

Economy

Biden Snaps ‘Don’t Make Things Up’ When Asked About Recession, Promises Tax Hike

“We also can move in a direction that we can provide for the tax, increase in tax on those in the corporate area as well as individuals as it relates to Trump’s tax cut”

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Joe Biden’s four-day weekend vacation in Delaware was interrupted today by a reporter who asked about last week’s news that most economists are now forecasting a recession in the United States.

“Not the majority of them aren’t saying that,” Biden claimed falsely. “Come on, don’t make things up, OK?”

Biden then characterized concerns about the economy as a partisan Republican talking point and stressed that a recession is not “inevitable” before ultimately meandering to a conversation about insulin and tax increases.

“Now you’re sounding like a Republican politician,” said Biden. “I’m joking, that’s a joke.”

He added, “But all kidding aside, no, I don’t think it is. I was talking to Larry Summers this morning and there’s nothing inevitable about a recession.”

Then the 46th president changed the conversation, saying that he was working to lower the cost of insulin.

“Look, I think we’re going to be able to get a change in medicare and a reduction in the cost of insulin,” said Biden. “Insulin, if you know anybody who has Type 2 diabetes, or has a child who has it, they need shots during the week. It can cost them up to $1000 per week.”

He then promised to raise taxes “on those in the corporate area” and the millions of Americans who paid lower taxes under the last administration.

“We also can move in a direction that we can provide for the tax, increase in tax on those in the corporate area as well as individuals as it relates to Trump’s tax cut,” said Biden.

Biden added that “going out and buying a yacht doesn’t help the economy.”

Finally, Biden seemed to suggest that renewable energy will lead to more jobs and help avert a recession.

“We have a chance here to make a fundamental change to renewable energies, electric vehicles,” said Biden.

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Tom Pappert is the editor-in-chief of Valiant News. Follow him on Twitter @realTomPappert, on Gab, or on Spreely. Tips can be sent securely to [email protected].

5 Comments

5 Comments

  1. Avatar

    Rio

    June 20, 2022 at 5:11 pm

    I am making $92 an hour working from home. i was greatly surprised at the same time as my neighbour advised me she changed into averaging $ninety five however I see the way it works now. I experience mass freedom now that I’m my non-public boss.
    That is what I do.. W­w­w.p­r­o­f­i­t­9­7.c­o­m

  2. Avatar

    Mary

    June 20, 2022 at 10:03 pm

    Joe has been on vacation more days than he has been in the OVal Office. In case you don’t know it Joe, the POTUS job is 24/7 365 days a yr. Stop wasting expensive Russian oil to fly every weekend to Delaware which is less than an hour away from DC. By the time AF 1 reaches cruising altitude it’s on it’s way down again.

    • Avatar

      William J Stephens

      June 20, 2022 at 11:10 pm

      You are absolutely correct Mary. The problem is that Joe Biden apparently needs a vacation every two weeks or so just because. I wonder who is running the shop while Joe is on his vacations. And you’re right about AF1. I don’t think it even gets to cruising altitude before it makes its descent. Every time that bird goes up, there are several support planes that go along with it. One is just to haul the presidential limo. The cost must be astronomical. But Joe feels he is entitled.

  3. Avatar

    Cajun

    June 21, 2022 at 8:38 am

    Clueless. Absolutely clueless. In every respect. Democrats still believe that businesses pay taxes. Businesses push that cost forward to higher prices or push it back to lower wages. They are lucky that the dumb and dependent believe their nonsense. Type 2 use insulin?

  4. Avatar

    Jen

    June 21, 2022 at 11:09 am

    If anyone has seen old clips of Biden years ago, he was always a jerk. Also, I believe he’s not in the WH nearly as much as people think. He’s not needed as he doesn’t make decisions except for what flavor of ice cream he wants.

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