{"id":2241268,"date":"2024-05-09T19:02:03","date_gmt":"2024-05-09T23:02:03","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fact-check-biden-claimed-inflation-was-9-as-he-entered-office-truth-paints-a-much-different-story\/"},"modified":"2024-05-09T19:05:59","modified_gmt":"2024-05-09T23:05:59","slug":"fact-check-biden-claimed-inflation-was-9-as-he-entered-office-truth-paints-a-much-different-story","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fact-check-biden-claimed-inflation-was-9-as-he-entered-office-truth-paints-a-much-different-story\/","title":{"rendered":"Fact Check: Biden&#8217;s Inflation Claim vs. Reality"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ffact-check-biden-claimed-inflation-was-9-as-he-entered-office-truth-paints-a-much-different-story%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2241268&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>President Biden&#8217;s recent CNN interview has <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-state-department-is-putting-brazilian-trans-activists-in-english-classes\/\" title=\"Brazilian trans activists are receiving English classes from Biden's State Department.\">sparked controversy due<\/a> to a significant misrepresentation of economic facts inherited from the Trump administration. Contradictory to Biden&#8217;s \u2062claim, inflation rates were\u200d not at 9% \u200dduring Trump&#8217;s term, \u2063a crucial point highlighted \u200bby critics including former \u200bPresident Trump&#8217;s son, Eric. The incident underscores the\u2064 importance of informed\u200c decision-making for voters \u2062in the upcoming election.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<header> <a href=\"https:\/\/www.westernjournal.com\/commentary\/\">  Commentary <\/a>   <span> <\/p>\n<p><a href=\"https:\/\/www.westernjournal.com\/author\/igcolonel\/\">  <\/a> <\/p>\n<p> <span>   By <a href=\"https:\/\/www.westernjournal.com\/author\/igcolonel\/%20\"><span>Warner Todd Huston<\/span><\/a> <\/span> <span>   May 9, 2024 at 3:14pm <\/span> <\/span>  <\/header>\n<section>\n<p>President Joe Biden finally sat for an interview with CNN, but in doing so, delivered a major \u2014 and easily fact-checked \u2014 lie about the economy he inherited from President Donald Trump.<\/p>\n<p>During his Wednesday interview with the network\u2019s Erin Burnett, Biden was asked about his <a href=\"https:\/\/www.westernjournal.com\/biden-gets-painful-economic-news-day-state-union-february-layoffs-surge-highest-level-15-years\/\" target=\"_blank\" rel=\"noopener\">economy<\/a> and the possibility of more actions by the Federal Reserve, which has raised interest rates repeatedly to try to rein in the inflation that started soaring after Biden took office.<\/p>\n<p>\u201cThey hope they\u2019re going to get a rate cut,\u201d Burnett said.<\/p>\n<p>\u201cYeah, well, so, but I mean, no president has had the run we\u2019ve had in terms of creating jobs and bringing down inflation. It was 9 percent when I came to office \u2014 9 percent,\u201d Biden exclaimed.<\/p>\n<p> <iframe loading=\"lazy\" title=\"Full Interview: Biden sits down for an exclusive interview with CNN\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/4P1E9iKf__Q?start=459&#038;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>Biden\u2019s claim is not only simply wrong, it is <a href=\"https:\/\/www.westernjournal.com\/op-ed-dont-fall-bidens-talking-points-inflation-really\/\" target=\"_blank\" rel=\"noopener\">way off<\/a>.<\/p>\n<p>Indeed, the last time inflation rates were anywhere near 9 percent before Biden\u2019s term was back in 1981 as President Ronald Reagan worked to fix the horrid economy left to him by Jimmy Carter, according to a table compiled at the <a href=\"https:\/\/www.usinflationcalculator.com\/inflation\/historical-inflation-rates\/\">US Inflation Calculator<\/a> website.<\/p>\n<p>But, while Ronald Reagan\u2019s 9 percent was on the way down from Jimmy Carter\u2019s highs, the table shows, Biden is simply wrong that the 9 percent rate he saw in 2022 was in place during Donald Trump\u2019s years in office.<\/p>\n<p>The highest <a href=\"https:\/\/www.westernjournal.com\/inflation-surges-expectations-new-bureau-labor-statistics-report\/\" target=\"_blank\" rel=\"noopener\">inflation<\/a> rate the country saw when Trump was in office was 2.9 percent. And, unlike Reagan, Biden didn\u2019t even start seeing higher rates until his second year in office when rates started climbing.<\/p>\n<div id=\"firefly-poll-container\">\n<p>Do you want Donald Trump to beat Joe Biden this November?<\/p>\n<\/p><\/div>\n<p>The highest rate under Donald Trump was 2.9 percent in May and June of 2018. He had a 2.<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ex-trump-economist-steve-moore-were-looking-at-4-to-5-percent-inflation-rate\/\" title=\"Ex-Trump Economist Steve Moore: We're Looking at 4 to 5 Percent Inflation Rate\">5 percent inflation rate<\/a> for nine months and 2.0 percent or less for 17 months.<\/p>\n<p>The rate of inflation in January 2021, when Biden took office, was 1.4 percent, according to the table.<\/p>\n<p>Joe Biden simply does not have the successful record racked up by either Reagan or Trump.<\/p>\n<p>The highest rate Biden has seen thus far was the 9.1 percent in June of 2022. During his years in office, the country has had inflation under 2 percent for only two months \u2014 the first two months of his presidency.<\/p>\n<p>Meanwhile, under the Biden administrationkl the country has had an inflation rate of more than 2.5 percent or more for 40 months, 5 percent or more for\u00a0 for 24 months, and 7.5 percent or more for 11 months.<\/p>\n<p>Former President Trump\u2019s son, Eric, blasted Biden for his obvious lie, jumping to X and proclaiming, \u201cWhat a clown.\u201d<\/p>\n<blockquote>\n<p dir=\"ltr\" lang=\"en\">What a clown <a href=\"https:\/\/t.co\/B5qHPrzFTO\">https:\/\/t.co\/B5qHPrzFTO<\/a><\/p>\n<p>\u2014 Eric Trump (@EricTrump) <a href=\"https:\/\/twitter.com\/EricTrump\/status\/1788538235448099024?\">May 9, 2024<\/a><\/p>\n<\/blockquote>\n<p>CNN may be regretting its big interview. Biden has been blasted for giving the fewest interviews of any president in 40 years, <a href=\"https:\/\/justthenews.com\/accountability\/media\/media-tires-biden-avoiding-interviews-after-president-giving-fewest-over-40\" target=\"_blank\" rel=\"noopener\">Just The News<\/a> reported. But his penchant for disgorging one lie, false boast, and <a href=\"https:\/\/www.westernjournal.com\/biden-tells-lie-repeats-infamous-joey-baby-story-fact-checked-countless-outlets\/\">fake story<\/a> after another is the reason the White House seems reluctant to let Biden appear before reporters.<\/p>\n<p>Americans have a clear choice in November if they want to get the U.S. economy back on track.<\/p>\n<p>Trump\u2019s successful economic track record versus Biden <a href=\"https:\/\/www.westernjournal.com\/7-devastating-economic-stats-prove-biden-economy-failing-american-people\/\" target=\"_blank\" rel=\"noopener\">crashing failure<\/a> is a contrast no one can miss.<\/p>\n<hr>\n<div>\n<p><b><i>An Important Message from Our Staff:<\/i><\/b><\/p>\n<p><i><span>In just a few months, the world is going to change forever. The 2024 election is the single most important election of our lifetime. <\/span><\/i><\/p>\n<p><i><span>We here at The Western Journal are committed to covering it in a way the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/caitlin-clark-lands-historic-nike-shoe-deal-worth-millions-just-before-her-rookie-season-kicks-off\/\" title=\"Caitlin Clark Secures Multi-Million Dollar Nike Deal Ahead of Rookie Season Kickoff\">establishment media simply<\/a> will not: We will tell the truth, and they will lie.<\/span><\/i><\/p>\n<p><i><span>But Big Tech and the elites don\u2019t want the truth out. That\u2019s why they have cut us off from 90% of advertisers. Imagine if someone cut your monthly income by 90%. That\u2019s what they\u2019ve done to people like us. <\/span><\/i><\/p>\n<p><i><span>As a staff, we are asking you to <\/span><\/i><a href=\"https:\/\/www.westernjournal.com\/subscribe\/?utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>join us<\/span><\/i><\/a><i><span>  to fight this once-in-a-lifetime fight. Without you not only will The Western Journal fail, but America will fail also. As Benjamin Franklin said, \u201cWe must all hang together, or assuredly we shall all hang separately.\u201d<\/span><\/i><\/p>\n<p><i><span>Will you support The Western Journal today and <\/span><\/i><a href=\"https:\/\/www.westernjournal.com\/subscribe\/?utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>become a member<\/span><\/i><\/a><i><span>? <\/span><\/i><\/p>\n<p><i><span>A Western Journal <\/span><\/i><a href=\"https:\/\/www.westernjournal.com\/subscribe\/?utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>Membership<\/span><\/i><\/a><i><span>  costs less than one coffee and breakfast sandwich each month, and it gets you access to ALL of our content \u2014 news, commentary, and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/u-s-starts-evacuating-american-citizens-from-sudan\/\" title=\"U.S. Starts Evacuating American Citizens From Sudan\">premium articles<\/a>. You\u2019ll experience a radically reduced number of ads, and most importantly you will be vitally supporting the fight for America\u2019s soul in 2024.<\/span><\/i><\/p>\n<p><i><span>This is the time. America will live or die based on what happens this year. Please <\/span><\/i><a href=\"https:\/\/www.westernjournal.com\/subscribe\/?utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>join us<\/span><\/i><\/a><i><span>  to get the real truth out and to fight the elites, Big Tech, and the people who want America to fail. Together, we really can save the country.<\/span><\/i><\/p>\n<p><b><i>Thank you for your support!<\/i><\/b><\/p>\n<p><i><span>P.S. <\/span><\/i><a href=\"https:\/\/www.westernjournal.com\/subscribe\/?utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>Please stand with us<\/span><\/i><\/a><i><span>!<\/span><\/i><\/p>\n<\/p><\/div>\n<div id=\"author-info-43\">\n<p><a href=\"https:\/\/www.westernjournal.com\/author\/igcolonel\/\">  <\/a> <\/p>\n<div>\n<p><label for=\"summary-tab-radio-43\">Summary<\/label><label for=\"more-info-tab-radio-43\">More<span> Biographical Information<\/span><\/label><label for=\"posts-tab-radio-43\">Recent<span> Posts<\/span><\/label><label for=\"contact-tab-radio-43\" onclick=\"if( typeof grecaptcha=='undefined' ) { let cap_s=document.createElement( 'script' ); cap_s.src='https:\/\/www.google.com\/recaptcha\/api.js?render=6LeJFcsUAAAAAPsIEqvB1EebWbZfqRUe6ebMpGy7'; document.body.appendChild( cap_s ); }\">Contact<\/label><\/p>\n<div>\n<p>Warner Todd Huston has been writing editorials and news since 2001 but started his <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/byron-donalds-takes-shot-at-host-of-the-view-dares-panel-to-invite-him-on-as-a-guest\/\" title=\"Byron Donalds Takes Shot at Host of 'The View,' Dares Panel to Invite Him On as a Guest\">writing career penning articles<\/a> about U.S. history back in the early 1990s. Huston has appeared on Fox News, Fox Business Network, CNN and several local Chicago news programs to discuss the issues of the day. Additionally, he is a regular guest on radio programs from coast to coast. Huston has also been a Breitbart News contributor since 2009. Warner works out of the Chicago area, a place he calls a &#8220;target-rich environment&#8221; for political news. Follow him on Truth Social at @WarnerToddHuston.<\/p>\n<\/p><\/div>\n<div>\n<p>  Warner Todd Huston has been writing editorials and news since 2001 but started his writing career penning articles about U.S. history back in the early 1990s. Huston has appeared on Fox News, Fox Business Network, CNN and several local Chicago news programs to discuss the issues of the day. Additionally, he is a regular guest on radio programs from coast to coast. Huston has also been a Breitbart News contributor since 2009. Warner works out of the Chicago area, a place he calls a &#8220;target-rich environment&#8221; for political news. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Biden&#8217;s recent CNN interview revealed a significant falsehood about the economy he took over from Trump. In a sit-down with Erin Burnett, Biden made a claim easily debunked, sparking scrutiny over his statements on the inherited economic landscape<\/p>\n","protected":false},"author":180,"featured_media":2241269,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/05\/trump-sbs-biden-for-may-9-2024.jpg","fifu_image_alt":"","footnotes":""},"categories":[548],"tags":[],"class_list":["post-2241268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conservative-news-daily"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/05\/trump-sbs-biden-for-may-9-2024.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2241268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/180"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2241268"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2241268\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2241269"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2241268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2241268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2241268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}