Inflation Claims by President Joe Biden
President Joe Biden falsely claimed that inflation was at 9% when he took office in January 2021, when in fact it was 1.4%. Inflation has remained high, with rates reaching 3.5% in March. Biden continues to blame former President Trump for high inflation rates.
Key Points
- Inflation was not at 9% when President Biden took office in January 2021; it was at 1.4%
- Inflation reached 3.5% in March
- President Biden continues to attribute high inflation rates to former President Trump