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Biden touts Americans have 'more money in their pockets' but voters say president making inflation worse
Varney: America takes a dim view on inflation
FOX Business’ Stuart Varney says Americans’ biggest issue facing the economy is inflation.
President Biden is highlighting that Americans have more money in their pockets than they did a year ago.
But a new FOX Business poll indicates that voters' concerns about inflation are surging, and many are blaming the president’s policies for making matters worse.
Showcasing that "Americans are back at work at a record-setting pace," Biden said in a statement on Thursday that "families have more money in their pockets: Americans on average have about $100 more in their pockets each month than they did last year, after accounting for inflation."
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The president’s comments came as he touted new government statistics showing that the average number of Americans filing unemployment claims over the past four weeks is now at its lowest level since 1969.
"When I took office, over 18 million were receiving unemployment benefits, today only 2 million are. We’ve added nearly six million jobs this year – the most of any first-year president in history," Biden wrote. "That’s good news for the millions of families who are back to work and will have a happier holiday season this year."