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In fact, the year-over-year inflation rate when he took office was 1.4%. Prices did then rise after Biden's inauguration and reached 9.1% — but that peak came in June 2022 after Biden had been ...
According to the federal CPI inflation calculator, $100 in January 2021, when Biden took office, has the same buying power as $120 as of November of this year. That means $100 went much further in ...
The national debt has continued to increase under Biden. As of the day before Biden’s address, it was about $34.4 trillion, federal figures show – an increase of about 24% during his tenure ...
The inflation rate measured vs. one year earlier was 6.4% in January 2023 and 3.1% in December as the inflation rate slowed. [43] Census data released in January 2024 showed that record-high new business applications were filed in 2023, the third consecutive annual record high. [44]
Facts First: Biden’s claim that the inflation rate was 9% when he became president is not close to true. The year-over-year inflation rate in January 2021, the month of his inauguration, was ...
The Democratic presidents were in office for a total of 429 months, with 164,000 jobs per month added on average, while the Republicans were in office for 475 months, with a 61,000 jobs added per month average. This monthly average rate was 2.4 times faster under Democratic presidents. [7]
The annual rate of inflation was 1.4 percent when he entered office, not 9 percent. Skip to main content. 24/7 Help. For premium support please call: 800-290 ...
$31.38 trillion: The federal debt stood at $27.6 trillion when Biden took office. Biden has visited three dozen states and spent all or part of nearly 200 days in his home state of Delaware.