Sunday, February 05, 2023

'That's why': Biden can't hide his annoyance when reporter confronts him about taking blame for inflation crisis - TheBlaze

'That's why': Biden can't hide his annoyance when reporter confronts him about taking blame for inflation crisis - TheBlaze

The narrative may be convenient for Biden, but it's simply not true. When Biden took office in January 2021, inflation registered between 1.4% to 1.7%, below the Federal Reserve's target rate of 2%. Inflation began increasing in March 2021, ironically the same month that Biden signed his $1.9 trillion COVID-19 economic stimulus into law. Inflation peaked in June 2022 at 9.1%, a rate not seen in more than 40 years.

No comments: