{"id":2245336,"date":"2024-05-15T16:56:02","date_gmt":"2024-05-15T20:56:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-forced-to-respond-to-bidens-debunked-inflation-claim\/"},"modified":"2024-05-15T16:58:16","modified_gmt":"2024-05-15T20:58:16","slug":"white-house-forced-to-respond-to-bidens-debunked-inflation-claim","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-forced-to-respond-to-bidens-debunked-inflation-claim\/","title":{"rendered":"White House compelled to address Biden&#8217;s disproven inflation statement"},"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\">18<\/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%2Fwhite-house-forced-to-respond-to-bidens-debunked-inflation-claim%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=2245336&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>The White \u2062House had to\u2064 defend President Joe Biden&#8217;s incorrect claim of a 9% inflation rate at the start of his term. \u2063In reality, inflation was only\u200b 1.4% in\u200c January 2021, reaching \u20629% in June 2022.\u2064 Press Secretary \u200dKarine\u200c Jean-Pierre attributed this to broader\u2064 economic factors present when \u200dBiden assumed office. The White House \u200dwas compelled to justify President Joe Biden&#8217;s inaccurate assertion of a 9% inflation rate at the \u200cbeginning of his presidency. Contrary to his statement, inflation was\u200b actually at\u2063 1.4% \u2064in January 2021 and escalated\u2062 to 9% in June\u200b 2022. \u2063Press Secretary Karine Jean-Pierre linked this discrepancy to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/federal-reserve-holds-steady-on-interest-rates-amidst-mixed-economic-signals\/\" title=\"Fed keeps interest rates unchanged despite mixed economic signals\">prevailing economic conditions<\/a> when\u2062 Biden took office.  <\/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<div data-td-block-uid=\"tdi_78\">\n<p>The <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/white-house\/\" target=\"_blank\" rel=\"noopener\" title=\"White House\">White House<\/a> was forced Wednesday to defend President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/joe-biden\/\" target=\"_blank\" rel=\"noopener\" title=\"Joe Biden\">Joe Biden<\/a>\u2018s dubious claim that inflation was at 9% when he took office. <\/p>\n<p>Biden has said so twice now, but <a href=\"https:\/\/www.cnn.com\/2024\/05\/14\/politics\/fact-check-biden-inflation-when-he-became-president\/index.html\" target=\"_blank\" rel=\"noopener\" title=\"in reality\">in reality<\/a>, inflation stood at just 1.4% in January 2021. It did reach 9% \u2014\u00a0in June 2022, when he\u2019d been in office for nearly 18 months. When a reporter brought up the discrepancy, press secretary <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/karine-jean-pierre\/\" target=\"_blank\" rel=\"noopener\" title=\"Karine Jean-Pierre\">Karine Jean-Pierre<\/a> spoke to wider forces in the economy.<\/p>\n<p>\u201cThe point he was making is that the factors that caused <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/inflation\/\" target=\"_blank\" rel=\"noopener\" title=\"inflation\">inflation<\/a> were in place when he walked into the administration,\u201d she said. \u201cThe pandemic <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senator-barrasso-slams-bidens-energy-secretary-for-laughing-over-gas-prices-people-are-suffering\/\" title=\"Senator Barrasso Slams Biden\u2019s Energy Secretary For Laughing Over Gas Prices: \u2018People Are Suffering\u2019\">caused inflation<\/a> around the world by disrupting our economy and breaking our supply chains.\u201d<\/p>\n<p>The reporter had asked if Biden was deliberately misleading the public or if he just didn\u2019t realize that inflation was at 1.4% when he took office. <\/p>\n<p>\u201cReopening after the pandemic unavoidably increased inflation by unleashing pent-up demand,\u201d Jean-Pierre continued. \u201cAnnualized core CPI [consumer price index] in the second term of 2021 was 9%. So he was talking about the factors that were in place that led to that.\u201d<\/p>\n<p>Inflation has dogged Biden since it began rising in the spring of his first year in office. It surged to 5% by May 2021 and peaked at 9.1% in June 2022 before falling steadily over the last year. But it <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/3003445\/inflation-fell-in-april-for-second-time-in-2024-in-welcome-news-for-fed\/\" target=\"_blank\" rel=\"noopener\" title=\"remains elevated\">remains elevated<\/a> today at 3.4%, well above the Federal Reserve\u2019s 2% target.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/strong><\/a><\/p>\n<p>Biden first made the 9% claim in an interview with CNN, saying, \u201cNo president\u2019s had the run we\u2019ve had in terms of creating jobs and bringing down inflation. It was 9% when I came to office, 9%.\u201d He then repeated a version of it to <em>Yahoo Finance<\/em>, claiming, \u201cIt was at 9% when I came in, and it\u2019s now down around 3%.\u201d<\/p>\n<p>Republicans were happy to point out the error, with former President Donald Trump <a href=\"https:\/\/twitter.com\/TrumpWarRoom\/status\/1790743132138524992?utm_medium=email&#038;utm_source=ncl_amplify&#038;utm_campaign=240515-icymi_video_statement_from_president_donald_j_trump_on_bidens_inflation_tax&#038;utm_content=ncl-xqghJ2XYrx&#038;_nlid=xqghJ2XYrx&#038;_nhids=vYLlu3QVGL\" target=\"_blank\" rel=\"noopener\" title=\"saying\">saying<\/a>, \u201cBiden\u2019s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/38-iranian-dissidents-urge-biden-to-keep-trumps-pressure-on-despotic-regime\/\" title=\"38 Iranian Dissidents Urge Biden To Keep Trump\u2019s Pressure On Despotic Regime\">price hikes<\/a> are killing the American dream.\u201d<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The White House had to defend President Biden&#8217;s false 9% inflation claim. Biden erroneously stated this figure twice, though inflation was actually 1.4% in January 2021. The 9% mark was only reached in June 2022, almost 18 months into his term<\/p>\n","protected":false},"author":2635,"featured_media":2245337,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/05\/AP24012781205189.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2245336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/05\/AP24012781205189.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2245336","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\/2635"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2245336"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2245336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2245337"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2245336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2245336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2245336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}