Government Data Shows Inflation Trending Down During Trump’s Final Year — Spiked to Record Highs as Soon as Biden and Democrats Took Over

The Inflation rate was trending down for months before Donald Trump left office.

Former Trump advisor Steve Cortes broke down the Biden-media lies on inflation this morning.

Inflation rose ONLY AFTER Joe Biden and Democrats took over.

If inflation was due to Russia then peer countries would see similar inflation. They’re not.

The ACTUAL US inflation rate minus food and energy hit 19.75% in February.
Another Biden record.

Look at this chart!!

What is not being reported is that inflation was not only low during the Trump administration but it was TRENDING DOWN for half a year before he left office.

We can also see this in a White House chart that was released on Friday.

So today when Joe Biden said spending has nothing to do with inflation — He was either lying or too dumb to understand what is going on.

Biden Blames Inflation on Putin: “I’m Sick of This Stuff! Americans Think the Reason For Inflation is Government Spending More Money, Simply Not True!” (VIDEO)

Photo of author
Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.


Thanks for sharing!