FACT CHECK: Biden Claims Inflation Was “Already There” When He Got in Office

While speaking to reporters on Friday, President Joe Biden was asked about inflation.

At pone point during the press conference, a reporter asked Biden if he takes any blame for inflation.

“Do I take any blame for inflation? No.” Biden said.

“Why not?” the reporter asked.

“Because it was already there when I got here, man!” Biden shot back.

WATCH:

Reporter: "Do you take any blame for inflation, Mr. president?"

Biden: "No"

Reporter: "Why not?"

Biden: "It was already there when I got here, man" pic.twitter.com/4fhqtH3c5v

— The Post Millennial (@TPostMillennial) February 3, 2023

Claim: Inflation was already present when Joe Biden got in office therefore inflation is not his fault.

Verdict: FALSE.

During Donald Trump’s presidency, annual inflation rates were as follows.

2017: 2.1%

2018: 1.9%

2019: 2.3%

2020: 1.4%

As noted by thebalancemoney.com, a healthy inflation rate is around 2%. During Trump’s time in office, inflation hovered right around 2% through his four years as president.

Almost immediately after Biden took office, inflation began soaring.

Check out Biden’s annual inflation rates so far below:

2021: 7%

2022: 6.5%

See the graph below:

BREAKING: Biden says he takes no responsibility for inflation, says it was there when he arrived in office.

Can someone PLEASE show our dementia-ridden president this graph? pic.twitter.com/naLZUHo3uE

— Collin Rugg (@CollinRugg) February 3, 2023

The graph below shows inflation under Trump vs inflation under Biden:

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