President Joe Biden embellishes the truth — some would say he lies — regularly, and he was at it again on Monday when he claimed the U.S. is leading the world economically coming out of the COVID-19 pandemic.
He recounted during a White House event, in which he renominated Jerome Powell as chair for the Federal Reserve, that the U.S. has come a long way since unemployment peaked at 14.8 percent in April 2020 to its current 4.6 percent.
Of course what he failed to mention is much of that ground was made up while former President Donald Trump was still in office.
The unemployment rate hit 6.3 percent in January, the month he left.
“We’ve gone from an economy that was shut down to