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Matthew Sheffield (@mattsheffield) · 08/2018 · Tröts: 3.392 · Folger: 3.614
Fr 19.07.2024 22:12
One of the dumbest right wing talking points is that Joe Biden caused inflation.
Believing that requires you not to know, or pretend not to know, that in their 1st year, presidents operate under their predecessor's budget.
Almost all inflation growth in Biden's term was based on Trump's spending.
Source: https://tradingeconomics.com/united-states/inflation-cpi
A chart showing the US inflation rate, demonstrating that most of the increase in inflation came during 2021
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