China Joe isn't just incompetent and corrupt. He's also a massive liar and pusher of disinformation.
President Joe Biden misleadingly claimed Friday that inflation had gone down if you did not count food and gas, even though overall inflation went up.
But month-to-month core inflation in May was actually at 0.6 percent, the same percentage as it was in April. “Core inflation fell on a year-over-year basis because we’re now over a year into decades high inflation. Last May, core prices were up 3.8 percent, the highest rate since 1992, outpacing expectations of economists. As a result, the year-over-year figure reflects already high prices in May of 2021.”
“Since I took office, families are carrying less debt on average in America, they have more savings than they’ve had,” he continued,The president did not offer any solutions to solve inflation, despite calling it his “top economic priority.”
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