Inflation rose under Biden to historic highs not seen since the early 1980s due in large part to Biden’s massive spending packages, Breitbart News reported: Biden’s inflation peaked in June 2022 at a year-over-year rate of 9.0 percent, nearly one and a half years after he took office. Inflation remains sticky and recently rose again. In March, inflation increased to 3.5 percent. The average Wisconsin family lost $21,981 due to the increased cost of living under Biden, the Republican National Committee estimated in May. A McDonald’s Big Mac burger, a medium beverage, and a medium fries meal costs $18 in some locations, up $10 from 2018 when Donald Trump was president. On Tuesday, Biden, whom Special Counsel Robert Hur described as “an elderly man with a poor memory,” defied the fact checks and repeated the false claim again, drawing a multitude of fact checks from establishment media outlets. Associated Press (AP) assessed Biden’s repeated claim as false: AP’S ASSESSMENT: False. Inflation was at 1.4% in 2021 as Biden assumed the presidency, having risen from a low of 0.1% in May 2020, two months into the COVID-19 pandemic. It continued to increase steadily in the first 17 months of Biden’s presidency, reaching a peak of 9.1% in June 2022. Data released today shows that as of last month, it had fallen to 3.4%. THE FACTS: Biden has twice cited this number, which is drawn from the U.S. Bureau of Labor Statistics’ Consumer Price Index, in the past week, first in a CNN interview on May 8 and again during an interview with Yahoo Finance on Wednesday.Facts and bad memory don't mix...
Saturday, May 18, 2024
Memory Check
The media finally fact-checks Biden:
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