Inflation and Misleading Claims by President Joe Biden

SOURCE www.factcheck.org
President Joe Biden falsely claimed he inherited 9% inflation upon taking office, but it actually rose to 9% 17 months into his presidency. He also made other misleading claims about job creation, COVID-19 remarks, and billionaire tax rates.

Key Points

  • Inflation rose to 9% 17 months into Biden's presidency, not when he took office
  • Job creation under Biden compared to Trump's term
  • Misrepresentation of Trump's COVID-19 statement about disinfectants
  • Misleading claim on billionaire tax rates

Pros

  • Economic recovery following COVID-19 pandemic
  • Trillions of dollars in federal funding pumped into the economy during the pandemic

Cons

  • President Biden falsely claimed he inherited 9% inflation upon taking office
  • Misleading claims about job creation under his presidency
  • Twisted remarks about former President Trump's COVID-19 statements
  • Repeated misleading talking point about billionaire tax rates