Aaaand, it’s gone…
Posted BY: Zero Hedge
The Biden Administration’s latest attempt to rebrand terrible economic news as good news was so blatant that even CNN’s fact-checker Daniel Dale called them out.
In a Tuesday tweet, the White House claimed that “Seniors are getting the biggest increase in their Social Security checks in 10 years through President Biden’s leadership.”
Seniors are getting the biggest increase in their Social Security checks in 10 years through President Biden’s leadership. — The White House (@WhiteHouse) November 1, 2022
Except, that’s only because it’s tied to inflation – which has skyrocketed.
“That’s quite the spin,” Dale responded, adding “The size of Social Security checks is linked, by law, to inflation. This year’s increase is unusually big because the inflation rate is unusually big.“
when you've lost the "fact checkers"… https://t.co/XKFyvecGx2— zerohedge (@zerohedge) November 2, 2022
And now, Twitter has ‘fact-checked’ the White House – something one wouldn’t normally expect pre-Elon;
“Seniors will receive a large Social Security benefit increase due to the annual cost of living adjustment, which is based on the inflation rate.”