Pre-Biden: Inflation Was 1.2%, Gas $2.38; Now, It’s 6.5% And $3.47

CHICAGO, IL - NOVEMBER 01:  Former vice president  Joe Biden speaks to the Chicago Council on Global Affairs on November 1, 2017 in Chicago, Illinois.  Biden addressed the consequences of U.S. disengagement from world leadership at the event.  (Photo by Scott Olson/Getty Images)

At a glance

  • When Biden took office, inflation was at 1.4%, gas prices were at $2.39/gal, and real wages were positive.
  • 2 years later, inflation has been at or above 5% for 20 months, gas prices have been over $3/gal for almost 20 months, & real wages have been negative yr/yr for 21 months.

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