Understanding Inflation: Causes, Effects, and Historical Context on Nostr: Biden's Inflation Rate Compared to Previous Presidents =============== #98fc74b4 ...
Biden's Inflation Rate Compared to Previous Presidents
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#98fc74b4 ver:0.3
Critics challenge President Biden's claim of inheriting 9% inflation, as it was actually 1.4% when he took office. Inflation grew to 9.1% in June 2022, with concerns that Biden's spending agenda contributed to the increase. The average annual consumer-price inflation rate under Biden is 5.5%, second only to Jimmy Carter. Rising housing prices and mortgage rates impact young voters and renters. #Biden #Inflation #Economy...
#newstr #Biden #Inflation #Economy #Housing #FederalReserve #Presidents
https://here.news/story/98fc74b4?ver=0.3
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#98fc74b4 ver:0.3
Critics challenge President Biden's claim of inheriting 9% inflation, as it was actually 1.4% when he took office. Inflation grew to 9.1% in June 2022, with concerns that Biden's spending agenda contributed to the increase. The average annual consumer-price inflation rate under Biden is 5.5%, second only to Jimmy Carter. Rising housing prices and mortgage rates impact young voters and renters. #Biden #Inflation #Economy...
#newstr #Biden #Inflation #Economy #Housing #FederalReserve #Presidents
https://here.news/story/98fc74b4?ver=0.3