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Biden repeats lie that inflation ‘was at 9% when I came in’ as president
President Biden again claimed Tuesday that the annual US inflation rate was 9% when he took office in January 2021 — when it actually was 1.4% and didn’t pass 9% until 17 months into his term — as he attempted to deflect public disenchantment with the economy.
The 81-year-old president made the incorrect assertion when asked during a brief interview with Yahoo Finance why families don’t feel very “wealthy” right now.
“I think inflation has gone slightly up. It was at 9...
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