Time Magazine just published an interview with President BIden. The interview actually took place one week ago so some of the details discussed may not be up to date but many of the topics cover a much longer time scale.
What comes across in the interview is the same Biden we see on television every day. He’s absolutely cocksure about everything he says but he’s also often completely wrong on the facts and sometimes seems a bit confused or mumbles and trails off. But I wanted to focus on this part of the interview that deals with inflation.
Cumulative inflation means that prices are up 18%, at least since you took office and wage increases have not kept pace.
Biden: Since who took office? Since I took office?
Yeah, cumulative inflation means prices are up nearly 20% since you took office and wage increases have not kept pace.
Biden: Wage increases have exceeded what the cost of…
