CLAIM: The Biden-Harris administration inherited the “worst unemployment since the Great Depression,” Vice President Kamala Harris claimed on Tuesday at a gathering of the National Association of Black Journalists.
VERDICT: False. “This is exaggerated,” according to PolitiFact:
The unemployment rate spiked to a post-Great Depression record of 14.8% in April 2020, as the pandemic began to rage. Trump was in office then. But he didn’t “leave” Biden or Harris with a post-Depression record unemployment rate. By December 2020, the unemployment rate had fallen back to 6.4%, which was high for recent history but well below numerous spikes during recessions.
Harris delivered the same false statement during the presidential debate, Breitbart News’s Joel Pollak reported:
Vice President Harris attacked former President Trump’s economic record at the presidential debate on Tuesday night by claiming that he “left us the worst unemployment since the Great Depression.” That is simply false.
In January 2021, unemployment was 6.4 percent lower than it was in 2014, when President Barack Obama was in office. In fact, the highest unemployment rate since the Great Depression was under Obama, at 10.0 percent in the early part of his administration.
It is true that unemployment spiked to 14.8 percent in April 2020, but that was because of coronavirus-related shutdowns, which were imposed at both the state and federal levels and kept in place longer by Democrats than Republicans. […]
— Read More: www.breitbart.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
Coffee the Christian way: Promised Grounds