While it can't happen overnight, the White House says there is clear evidence that shows the trend is in the right direction. Now. President Trump had to tame Biden's inflation. And Under Biden, inflation averaged nearly 5% and hit 9.1% during the worst inflation crisis in decades. All of it fueled by radical left out of control government spending. In President Trump's second term, inflation has dropped to an average of just 2.7%, significantly lower than the four year average of 5% under Biden and 9.1% at its all time high. (06:17–06:26)
CLAIM
Asserts that inflation averaged nearly 5% and peaked at 9.1% under Biden.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
