Fact-check · Sep 9, 2026 · Donald Trump
“Families were getting crushed. By Biden inflation.”
TRUE
What the record shows
CPI rose 8.0% in 2022 (BLS); peaked at 9.1% year-over-year in June 2022. Census/Fed surveys show 97% of households reported price increases; 47% felt very stressed by inflation. Real wages declined 1.3% over Biden's term despite nominal gains.
Sources
- Inflation and Wages January 2021-January 2024: The Record for the Biden Administration
- Breaking Down Inflation Under Trump vs. Biden
- Biden's Final Numbers - FactCheck. ...
- Data Visualization | The Biden Inflation Tracker | The Heritage Foundation
- How did CPI inflation change over Biden’s four years i...
- How did inflation under Biden compare to the inflation...
From: LIVE: President Trump‘s 2026 Republican Midterm Convention: Day One - 9/9/26
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