Biden Falsely Claims Inflation Was 9% When He Took Office | It was Record Low 1.4%
Snippet of Article: "...President Biden claimed on Wednesday that inflation was at 9% when he entered the White House in January 2021, when, in fact, the consumer price index (CPI) was at a mere 1.4% at the time. ...But under Biden's watch, the inflation rate ballooned from 1.4% to 9.1% in June 2022. ...Under Biden, overall inflation (seasonally adjusted) has increased 18.9% from January 2021 to March 2024. During the same period, all food costs are up 21%, while shelter costs are up 20.5% and energy costs are up 36.9%."
Source: www.foxbusiness.com