Post by Deleted on Jun 27, 2024 14:24:38 GMT
— Biden has misrepresented the economy at times, including falsely claiming that gas prices were $5 when he took office. The average price was around $2.39 a gallon the week Biden was inaugurated in January 2021, according to data from the U.S. Energy Information Administration.
The president also has said in a few instances that he inherited high inflation. In May interviews, he said the inflation rate was 9% when he took office in January 2021. It was 1.4% at that point and increased steadily during the first 17 months of his presidency, reaching a peak of 9.1% in June 2022.
Biden has said his administration created a record 15 million jobs in its first three years. While data supports that, it's partly because Biden inherited a pandemic economy.
Biden, has misleadingly taken credit for an international group including the U.S., Australia, Japan and India known as the Quad. Last year, Biden claimed he convinced the countries to form the organization to maintain stability in the Indian Ocean and South China Sea. But the group was actually formed in the early 2000s, and revived in 2017 under Trump.
The president also has said in a few instances that he inherited high inflation. In May interviews, he said the inflation rate was 9% when he took office in January 2021. It was 1.4% at that point and increased steadily during the first 17 months of his presidency, reaching a peak of 9.1% in June 2022.
Biden has said his administration created a record 15 million jobs in its first three years. While data supports that, it's partly because Biden inherited a pandemic economy.
Biden, has misleadingly taken credit for an international group including the U.S., Australia, Japan and India known as the Quad. Last year, Biden claimed he convinced the countries to form the organization to maintain stability in the Indian Ocean and South China Sea. But the group was actually formed in the early 2000s, and revived in 2017 under Trump.
