Former Obama economist Jason Furman is actively debunking Biden’s baseless talking points on inflation.
The economy is very overheated. We have made little if any progress on inflation. There is little if any reason to expect a large slowdown going forward.
— Jason Furman (@jasonfurman) February 24, 2023
Core PCE at an annual rate:
1 month: 7.1%
3 months: 4.7%
6 months: 5.1%
12 months: 4.7% pic.twitter.com/aCA1341MQd
Biden claims his “economic plan is working,” but since he took office, costs are up, and real wages, savings, and incomes are down.
Biden fueled sustained inflation that has actively made families poorer. If that’s his plan “working,” he has a lot of explaining to do.
