At the same time, the Federal Reserve is over here trying to pull liquidity out of the market to slow down inflation. For those of us that live in the Phoenix Scottsdale area, you have the right to be cranky because The day Joe Biden became president, from that day till today, if you're not making a little over 26% more in your paycheck, you're poorer today. So for all of us who are elected here, our area happens to be probably the second highest inflation in the continental United States right now. (03:05–03:18)
CLAIM
Asserts that due to inflation, individuals need a 26% pay increase since Biden's presidency to maintain purchasing power.
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.
