<p>For the second time in a week, President <a href="https://www.dailywire.com/topic/joe-biden" target="_blank" rel="noopener">Joe Biden</a> made a false claim about <a href="https://www.dailywire.com/topic/inflation" target="_blank" rel="noopener">inflation</a> — and he did not get away with it as journalists and political rivals called him out on it.</p>
<p>Biden <a href="https://twitter.com/AlexThomp/status/1790446864619253951" target="_blank" rel="noopener">told Yahoo Finance</a> in an interview on Tuesday that inflation was at 9% when he became president back in January 2021.</p>
<p>However, as <a href="https://twitter.com/snopes/status/1789013278082957457" target="_blank" rel="noopener">fact-checkers pointed out</a> when Biden made the same assertion during a CNN town hall last week, inflation actually was at 1.4% when he took office.</p>
<p>The latest gaffe by the president got posted to social media by the <a href="https://twitter.com/AlexThomp/status/1790446864619253951" target="_blank" rel="noopener">press</a> and the <a href="https://twitter.com/RNCResearch/status/1790442861424435396" target="_blank" rel="noopener">Republican National Committee</a> (RNC), who also noted the correct statistic</p>
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
<p lang="en" dir="ltr">A week after fact-checkers corrected Biden’s claim to CNN that inflation was at 9% when he became president, the president repeats it to <a href="https://twitter.com/YahooFinance?ref_src=twsrc%5Etfw">@YahooFinance</a> <br />“It was at 9% when I came in”</p>
<p>It was 1.4% <a href="https://t.co/jkvPGd2ZLx">https://t.co/jkvPGd2ZLx</a> <a href="https://t.co/XnMha9kuJu">pic.twitter.com/XnMha9kuJu</a></p>
<p>&mdash; Alex Thompson (@AlexThomp) <a href="https://twitter.com/AlexThomp/status/1790446864619253951?ref_src=twsrc%5Etfw">May 14, 2024</a></p></blockquote>
<p>&#8220;All Biden does is LIE!&#8221; Rep. Jim Banks (R-IN), who is now a U.S. Senate candidate, <a href="https://twitter.com/Jim_Banks/status/1790448348413002107" target="_blank" rel="noopener">said</a> on X in response to one of the posts.</p>
<p>&#8220;Who told him this? Is he lying or does he have no idea what&#8217;s going on?&#8221; <a href="https://twitter.com/TommyPigott/status/1790445795164008703" target="_blank" rel="noopener">asked</a> RNC strategic communications director Tommy Pigott.</p>
<p>&#8220;Inflation first hit 9% in June 2022, over a year after Biden took office,&#8221; Pigott added. &#8220;Inflation didn&#8217;t begin accelerating until after Biden forced through his $1.9 trillion &#8216;stimulus.'&#8221;</p>
<p><a href="https://news.gallup.com/poll/644690/americans-continue-name-inflation-top-financial-problem.aspx#:~:text=Forty%2Done%20percent%20of%20U.S.,with%20most%20readings%20under%2010%25." target="_blank" rel="noopener">Polling</a> from Gallup conducted last month showed that Americans named inflation or the high cost of living as the most important financial problem facing their family.</p>
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
<p lang="en" dir="ltr">GALLUP: Trend in Mentions of Inflation as the Most Important Family Financial Problem</p>
<p>• April 2020 — 3%<br />• April 2021 —  8%<br />• April 2022 —  32%<br />• April 2023 —  35%<br />• April 2024 —  41% (all-time high)<br />—<br />What is the most important financial problem facing your family today?… <a href="https://t.co/gHYQURUdRU">pic.twitter.com/gHYQURUdRU</a></p>
<p>&mdash; InteractivePolls (@IAPolls2022) <a href="https://twitter.com/IAPolls2022/status/1790446499022704835?ref_src=twsrc%5Etfw">May 14, 2024</a></p></blockquote>
<p>Forty-one percent selected inflation or the high cost of living for the open-ended question, which is the highest figure yet in Gallup&#8217;s annual Economy and Personal Finance poll.</p>
<p>The implication of Biden&#8217;s incorrect claim is that the rate was high when he took over the White House from Donald Trump, who like Biden is running another presidential campaign this year.</p>
<p>While speaking about inflation with Yahoo Finance, Biden said he believed the rate had gone &#8220;slightly up&#8221; and &#8220;it&#8217;s now down to about 3%.&#8221;</p>
<p>Alluding to concerns about the economy, Biden said, &#8220;The fact is that I think people are just uncertain and that&#8217;s why we&#8217;ve got to be steady — stay the course.&#8221;</p>
<p>Biden then contended that &#8220;pay for the jobs are outpacing the inflation rate they&#8217;re paying.&#8221; He added, &#8220;We&#8217;re going to be able to deal with this,&#8221; before stressing, &#8220;It&#8217;s going to take a little more time.&#8221;</p>

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Biden Caught Repeating False Claim About Inflation

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Biden Caught Repeating False Claim About Inflation