Why Biden’s wrong on saying Inflation is down to 3%. Biden keeps on saying how Inflation’s only 3%. It’s not. It’s over 17%. What cost you $100.00 in 2021 doesn’t cost you $103.00. It’s over $117.00 today. That according to the U.S. Bureau of Labor Statistics.
The 3% he’s claiming is on top of inflation from 2021,2022, and 2023.Since 2021, inflation costs the typical household $11,434 annually.