Biden’s Economy: High Inflation, High Gas Prices, Empty Shelves – The Lid

It’s official. Joe Biden is the inflation president. 

Inheriting an inflation rate of 1.4 percent from Donald Trump, Joe Biden has delivered in his one year in office price increases, not double or even triple but more than quadruple the rate he inherited. As everyone who purchases virtually anything will attest, prices are higher, much higher – with an annual rate for 2021 of 7 percent.