Joe Clueless On Inflation: One Year Ago Predicted It’d Be ‘Temporary’

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At a glance

  • In July 2021, President Biden was asked by as reporter asked, will inflation go down?
  • “I’m hoping,” Biden replied.
  • Outside economists were warning last July that high prices were a sign of coming high inflation.
  • “But that’s not our view,” the president said a year ago today.
  • “Our experts believe, and the data shows,” Biden said, “that most of the price increases we’ve seen were expected and expected to be temporary.”

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