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Kevin Hassett: “We handed the economy off to President Biden, that inflation was one and a half percent.”

Featuring: Kevin Hassett, Director of the National Economic Council

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I'm no economist, but it does seem like that's going up. Well, you know your economics pretty good. But that means you also know that that when We handed the economy off to President Biden, that inflation was one and a half percent. And right now we've got 1%, inflation has come back down. Yeah, well, it was actually the end of COVID that was the problem because Covid was right at the end and then they did this massive stimulus and that's where the inflation came from. (03:48–03:53)

STATEMENT

Asserts that inflation was at 1.5% when the economy was handed to President Biden.

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Kevin Hassett

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