It is sometimes hard to tell whether Joe Biden is lying or simply demented, but either way he is spreading false information to protect his terrible economic record.
In an interview on CNN, Biden claimed that inflation was running at nine per cent when he seized office in January 2021:
No president had the run we’ve had in terms of creating jobs and bringing down inflation. It was 9 per cent when I came into office, 9 percent. But it — look, people have a right to be concerned, ordinary people. The idea that you bounce a check and you get a $30 fee for bouncing the check, I changed that, you can’t charge more than 8 bucks for that or your credit card, your late payment, $35. There’s corporate greed going on out there, and it’s got to be dealt with.
The combination of the inflation, the cost of inflation, all those things, that’s really worrisome to people, with good reason. That’s why I’m working very hard to bring the cost of rentals down, to increase the number of homes that are available.
Hellbound and Down 