DO YOU KNOW ANYONE WHO BELIEVES JOE BIDEN’S CLAIM THAT HE LOWERED INFLATION?

If so, you might want to show that person the actual data:

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ave
2023 6.4 6.0 5.0 4.9 4.0 Avail.
July
12
2022 7.5 7.9 8.5 8.3 8.6 9.1 8.5 8.3 8.2 7.7 7.1 6.5 8.0
2021 1.4 1.7 2.6 4.2 5.0 5.4 5.4 5.3 5.4 6.2 6.8 7.0 4.7
2020 2.5 2.3 1.5 0.3 0.1 0.6 1.0 1.3 1.4 1.2 1.2 1.4 1.2
2019 1.6 1.5 1.9 2.0 1.8 1.6 1.8 1.7 1.7 1.8 2.1 2.3 1.8
2018 2.1 2.2 2.4 2.5 2.8 2.9 2.9 2.7 2.3 2.5 2.2 1.9 2.4
2017 2.5 2.7 2.4 2.2 1.9 1.6 1.7 1.9 2.2 2.0 2.2 2.1 2.1

*Data Source: U.S. Bureau of Labor Statistics: All items in U.S. city average, all urban consumers, not seasonally adjusted.

Keeping in mind that Donald Trump took office in January 2017 and Joe Biden took office in January, 2021, what do you see?

You see that inflation which has been as high as 9.1% during the Biden presidency, is “down” to 4.0% – just about three times as high as what Donald Trump left him.

The worst inflation we had during Trump’s four years was a couple of months at 2.9.  Most months it was under 2%.

By contrast, other than the first two months, when Biden’s energy policies insured higher prices for just about everything and send prices soaring, that 2.9% would have been the lowest inflation rate of Biden’s entire presidency.

If this doesn’t convince the person you are talking to, I would advise you to stop trying. You can’t reason with someone who intends not to be reasoned with.

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