Inflation hit a high of 9.1% under Biden in June 2022, averaging 8% for the year. In contrast, the highest annual inflation rate during Trump’s first term was 2.4%. Schumer claimed, “Today is day 25, and inflation is not down, but up by 3%,” inaccurately suggesting a dramatic spike instead of an increase from 2.9% to 3%. Trump’s efforts to combat inflation, including government spending cuts, have barely begun, yet Democrats are already shifting blame onto him. - Under Biden, inflation soared from 1.4% at the start of his presidency to a staggering 9.1% in June 2022. Even in 2024—Biden’s best year for inflation—the rate was still 2.9%. Meanwhile, during Trump’s first term, the worst annual inflation rate was 2.4%. Yet Schumer insists on attacking Trump after just 25 days in office, claiming inflation is “up by 3%,” when in reality, it only increased slightly from 2.9% to 3%. - Papillon notes that “one thing that Democrats may fail to mention” is that Biden was still in office for most of January, meaning that any rise in inflation could just as easily be attributed to him. It is unrealistic to expect Trump to reverse four years of damage in less than a month, yet Democrats are already pushing the narrative that he has failed. - The reality is that inflation took off under Biden, and Democrats refused to acknowledge it. Now, the same people who dismissed concerns when inflation climbed from 1.4% to 7% in a year are in a panic over a minor increase from 2.9% to 3%. As Papillon concludes, “Go figure.” - https://mxmnews.com/article/d53ede47-932a-4b5d-ae6d-daf9f4cec9ba
