It is why we have a $38 trillion gross national. But keep in mind, even at that 10% floor that we've experienced for a year now, Core inflation is 2.6% right now. So what that means is when you were averaging under the Biden administration, year over year, 5% inflation, we are now in historic norm. (03:28–03:32)
CLAIM
Asserts that the current core inflation rate is 2.6%.
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