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First, even when the inflation rate hit its Biden-era peak of 9.1% in June 2022, that 9.1% rate was the highest since 1981 – between 40 and 41 years prior, certainly not “100 years” and not ...
📈 Key takeaways on Trump and Biden’s economic records. Inflation: Prices have risen 19.3% since Biden took office, almost four times faster than the 5% increase three years and five months ...
August 16, 2024 at 8:45 AM. Adam Gray/Getty Images. Former President Donald Trump held a news conference on Thursday in which he continued to be highly dishonest – again making more than 20 ...
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 ...
2021–2023 inflation surge. Inflation rate, United States and eurozone, January 1960 through June 2024. Following the COVID-19 pandemic in 2020, a worldwide surge in inflation began in mid-2021 and lasted until mid-2022. Many countries saw their highest inflation rates in decades. It has been attributed to various causes, including pandemic ...
“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 ...
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 ...
Facts First: Trump’s claim that just 2.1 million new jobs were created in Biden’s first 30 months in office is false. Without mentioning that he was doing so, Trump was using a self-serving ...