Inflation under President Joe Biden

SOURCE www.breitbart.com
President Biden falsely claimed that inflation was at 9% when he came into office. The actual inflation rate was 1.4% when he assumed office. Inflation peaked at 9.0% in June 2022. The average Wisconsin family lost $21,981 due to increased living costs under Biden. Consumer prices have risen significantly during Biden's presidency.

Key Points

  • Actual inflation rate at Biden's inauguration was 1.4%
  • Inflation peaked at 9.0% in June 2022
  • Average Wisconsin family lost $21,981 due to increased living costs
  • Consumer prices have risen significantly during Biden's presidency

Pros

  • Biden administration's efforts to create jobs

Cons

  • High inflation rates under Biden's presidency
  • Negative impact on consumer purchasing power