Biden touts successes during State of Union, critics point to inflation, deceptions

By Casey Harper | The Center Square

President Joe Biden touted what he said were his administration’s many accomplishments since taking office during his Tuesday night State of the Union address, heralding economic gains, the bounce back from COVID-19, funding for Ukraine and more.

Critics noted he largely ignored the border crisis in his speech, including the record amounts of deadly fentanyl being smuggled into the U.S. from Mexico, leading to tens of thousands of overdose and poisoning deaths, as well as the threat China faces to U.S. security after a Chinese espionage balloon was shot down after days of gathering surveillance over U.S. air space. They also pointed to what they said were his many deceptions.

Biden discussed inflation, one of the biggest struggles of his administration, by pointing to the recent slowdown in rising costs, again blaming Russia’s invasion of Ukraine for the impact on global supply chains.

“Here at home, inflation is coming down,” Biden said. “Here at home, gas prices are down $1.50 from their peak. Food inflation is coming down, not fast enough but coming down.”

After Biden’s speech, critics said Biden wasn’t telling the truth.

“Joe Biden may be able to deceive himself, but the American people know better,” said Daniel Turner, executive director of energy worker advocacy group Power The Future. “The simple facts are gas costs more, groceries cost more and our energy independence is surrendered. The State of the Union is weaker and the President’s failed agenda is the reason why.”

Gas prices soared to an average of more than $5 a gallon in the U.S. last summer, an all-time high.

Biden also called for the “wealthiest and biggest corporations to begin to pay their fair share,” and proposed quadrupling the tax on corporate stock buybacks from 1% to 4%, a proposal critics say would cost an untold number of jobs and hurt the economy.

“Look, I’m a capitalist, but pay your fair share,” Biden said. “The idea that in 2020, 55 of the largest corporations in America, the Fortune 500, made $40 billion in profits and paid zero in federal taxes … folks, it’s simply not fair.”

Biden pointed to the 15% minimum tax on book income passed in the Inflation Reduction Act and called for the passage of a billionaire tax.

Biden also touted the growth in jobs since taking office. Critics noted the U.S was returning to normalcy after massive layoffs caused by pandemic-era shutdowns and state-at-home orders.

“Two years ago, COVID had shut down … our businesses were closed, our schools were robbed of so much,” Biden said. “Today, COVID no longer controls our lives.”

Behind Biden sat Vice President Kamala Harris and newly elected Speaker Kevin McCarthy, R-Calif., the new face of Republican leadership in the U.S. House of Representatives.

Biden took a moment to welcome and congratulate McCarthy.

“Speaker, I don’t want to ruin your reputation, but I look forward to working with you,” Biden said to laughs from lawmakers in attendance.

Biden also gave a nod to U.S. Rep. Hakeem Jeffries, D-N.Y., the new Democratic Minority Leader.

Biden’s speech was punctuated with bouts of applause, usually from Democrats but sometimes from both parties.

“Time and again, Republicans came together,” Biden said, pointing to bipartisan support for funding in Ukraine, COVID relief and legislation helping victims exposed to toxic burn pits.

“I signed over 300 pieces of bipartisan legislation since becoming president…,” he said.

Biden emphasized American manufacturing during the address. He said that going forward, federal infrastructure projects will only use materials bought and made in the U.S., pointing to things like “lumber, glass, drywall, fiber optic cable.”

Biden’s speech ranged across a wide array of topics, including the Inflation Reduction Act, energy, climate change, prescription drug costs, health care, deficit reduction, policing, gun control, big tech, and more. While he briefly mentioned surging illegal immigration, the fentanyl crisis and the threat of China, critics noted that he spent very little time on the topics.

“One hour into this speech, and President Biden hasn’t mentioned China or our border once,” McCarthy’s office tweeted. “But he’s proposed raising taxes three times. Tells you where his priorities lie.”

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