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In an interview with Yahoo Finance, Joe Biden reiterated a bombshell on inflation, saying that the economic indicator was “near nine percent when I was sworn in, and now it is down around three percent.”

A week earlier, in response to a question concerning how the continued inflation issue was destroying the middle class, the president said to CNN’s Erin Burnett, “It was nine percent when I came to office, nine percent.” For whatever reason, Biden appears to have resorted to repeating this falsehood, some of which I will discuss.

To start with the fact-checking, it is completely untrue that inflation was at 9% when Biden became president. On the other hand, it was only 1.4%. Even before the epidemic, it was well below the typical two percent Federal Reserve range. Only until the current president signed the American Rescue Plan, a two-trillion-dollar scam that injected even more deficit-financed money into an already overheated economy, did inflation start to soar.

It was not until the summer of 2022—more than a year and a half after Biden became office—that inflation rose to nine percent. I am sure if we give the president enough time, he will come up with something even more egregious than this one.

Depending on how much of a rounddown you want to give Biden, the assertion that inflation is “down about three percent today” could be accurate. Technically, the most recent available figure for inflation in March 2024 was 3.5%, and all indications suggest a further increase when the April 2024 report comes out.

So why, in his past two press interviews, did Biden tell such a readily refutable lie? It is always safe to assume that he is cognitively impaired. Maybe he was merely making these two sincere errors, and he truly could not recall when he became president. But does he merit a chance to prove himself? Not in my opinion.

Given that he is now trailing Donald Trump in the polls, I am far more likely to think that Biden is aware that he is lying and feels compelled to alter the story.

It is difficult to deny that during his entire political career—and maybe even before that—the president has been a chronic liar. This is a man who had to withdraw from the presidential campaign due to plagiarism and fabrications about his time in college. He is incapable of giving a speech without stating anything that is blatantly untrue or deceptive. Is there any question in his mind that the purpose of these most recent falsehoods is to further his political career?

As I mentioned earlier, this untruth is just too readily exposed, which is unfortunate for him. Factcheck.org and CNN, two major media fact-checkers, have also joined the fray by ranking Biden’s inflation deception as “false.” He needs to improve his lying significantly if he intends to do so, he must significantly improve his lying.

Author: Steven Sinclaire


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