President Biden is telling whoppers faster than inflation is rising.
Whether he’s talking about the state of the economy or his exploits in college, the purported “facts” presented by the president don’t hold up to the most basic check.
His favorite falsehood in recent weeks is that Americans are better off financially under his leadership.
“Since I took office, families are carrying less debt; their average savings are up,” Mr. Biden told a union audience in Philadelphia.
It’s not true. Total credit-card debt hit a record high in April of $1.103 trillion, slightly higher than its pre-pandemic level.