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Facts First: Biden’s claim that the inflation rate was 9% when he became president is not close to true. The year-over-year inflation rate in January 2021, the month of his inauguration, was ...
“I think inflation has gone slightly up,” Biden told Brian Sozzi. ... of inflation stood at 1.6 percent when Biden took office in January 2021, reaching a peak of 7.1 percent in June 2022 ...
In fact, his presidential salary is $400,000 per year; the joint tax filings of President Biden and first lady Jill Biden showed $619,976 in income last year, $579,514 in 2022 and $610,702 in 2021.
Now, he inherited almost no inflation, and it stayed that way for 14 months, and then it blew up under his leadership,” Trump said about Biden. This is false. The inflation rate when Biden took ...
In fact, the inflation rate was 1.4% in January 2021, the month Biden was inaugurated as president, and did not hit 9% until June 2022, after he had been president for more than 16 months.
Black unemployment: Record low set in 2023 under Biden. The record low for the Black or African American unemployment rate, 4.8%, was set under Biden in April 2023. That beat the Trump-era low ...
On inflation and wages, Biden has a point for the most recent two months — August and September 2021. However, inflation outpaced wages by so much earlier in his presidency that these two months ...
Chicago Fed president says if jobs, inflation, or ‘financial stability’ worsen, the Fed will ‘fix it’