Economy

THIS IS REAL: Rep. Pramila Jayapal Claims USA’s ‘Poverty Rate’ is the ‘Fourth Highest in the World’

posted by Hannity Staff - 9.24.21

Congresswoman Pramila Jayapal tweeted -then deleted- a message to her followers Thursday erroneously claiming the “poverty rate” in America is the 4th highest on the planet.

“The U.S. has nearly ONE-THIRD of the world’s billionaires. Meanwhile, our poverty rate is the 4th highest in the world. Tax the rich,” wrote the far-left Representative.

 

 

According to the ACTUAL data,the countries with the highest poverty rate are:

South Sudan, Equatorial Guinea, Madagascar, Guinea-Bissau, Eritrea, Sao Tome and Principe. Burundi, Democratic Republic of the Congo, Central African Republic, and Guatemala.

 

“This statistic is so bonkers wrong I cannot fathom how it could have made it past an elementary gut check, even if the gut belonged to an ardent Communist,” added a columnist from the Washington Post.

According to statistics from the US Census Bureau, the following percentage of US households have these amenities.

  • Refrigerator: 99.6%

 

  • Television: 97.7%

 

  • Stove and Oven 97.7%

 

  • Microwave 81%

 

  • Air Conditioning 78.3%

 

  • DVD or Blu-Ray Player 65%

 

  • Cable or Satellite TV 63%

 

  • Clothes Washing Machine 62%

 

  • Large Screen, High-Definition Television 20%

 

Read the full report at Fox News.

BIDEN'S INFLATION NATION: Inflation Rate Jumps, Highest Since 2008, Prices Up 5.4% in June

posted by Hannity Staff - 7.13.21

The inflation rate in the United States jumped to 5.4% in June as prices for consumer goods soared; posting the fastest pace since 2008 while the economy struggles to recover from the COVID-19 shutdown.

“The Labor Department said last month’s consumer-price index increased 5.4% from a year ago, the highest 12-month rate since August 2008. The so-called core price index, which excludes the often-volatile categories of food and energy, rose 4.5% from a year before,” reports the Wall Street Journal.

“The index measures what consumers pay for goods and services, including clothes, groceries, restaurant meals, recreational activities and vehicles. It increased a seasonally adjusted 0.9% in June from May, the largest one-month change since June 2008. Prices for used cars and trucks leapt 10.5% from the previous month, driving one-third of the rise in the overall index, the department said. The indexes for airline fares and apparel also rose sharply in June,” adds the newspaper.

Read the full report here.

BIDEN: Massive $3.5T Spending Package Will ‘Save the Planet’ and ‘Reduce Inflation’

posted by Hannity Staff - 9.15.21

President Biden pushed his massive $3.5 trillion spending package this week as the proposal stalls in Congress, claiming the bill will “save the planet” and “reduce inflation.”

“Create industries of the future, to win the future, to save the planet. We can do this. This is the United States of America… Never have we failed to meet an objective we set. What’s happening now, is that we’ve set a goal. The goal is achievable,” said Biden.

“I promise you it’s going to create great economic growth, reduce inflation, and put people in a place where people will never have to worry about what we’re worrying about right now,” he added.

 

President Biden’s approval rating dropped to new lows this week over a series of self-inflicted crises impacting the country, including the southern border, Afghanistan, inflation, slow job growth, and his handling of the pandemic.

President Biden’s approval rating dropped to 43 percent amid the fallout of the chaotic U.S. withdrawal from Afghanistan, according to an NPR/PBS NewsHour/Marist poll released Thursday,” writes NPR.

The new statistic is a six point decrease from a poll conducted in August.

“Thirty-six percent of independents approve of the job Biden is doing, compared to 55 percent who disapprove. Meanwhile, 85 percent of Democrats approve of Biden’s job handling, compared to 13 percent who disapprove,” adds the outlet.

Watch the President’s comments above.

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