Biden repeats lie that inflation ‘was at 9% when I came in’ as president
President Biden again claimed Tuesday that the annual US inflation rate was 9% when he took office in January 2021 — when it actually was 1.4% and didn’t pass 9% until 17 months into his term — as he attempted to deflect public disenchantment with the economy.
The 81-year-old president made the incorrect assertion when asked during a brief interview with Yahoo Finance why families don’t feel very “wealthy” right now.
“I think inflation has gone slightly up. It was at 9% when I came in and it’s now down to about 3%,” Biden claimed, illogically.
Read more at https://nypost.com/2024/05/14/us-news...
#joebiden #inflation
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The 81-year-old president made the incorrect assertion when asked during a brief interview with Yahoo Finance why families don’t feel very “wealthy” right now.
“I think inflation has gone slightly up. It was at 9% when I came in and it’s now down to about 3%,” Biden claimed, illogically.
Read more at https://nypost.com/2024/05/14/us-news...
#joebiden #inflation
The New York Post is your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more.
Subscribe to New York Post Sports: nypostsports
Catch the latest news here: https://nypost.com/
Follow The New York Post on:
Twitter - Twitter: nypost
Facebook - Facebook: NYPost
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