Biden-Harris: The Legacy of Inflation

On their watch the value of the dollar has collapsed to record lows, and despite inflation cooling, prices are not coming down to where they were under President Trump.

Samuel Corum/Getty Images
President Biden and Vice President Harris view the fireworks on the National Mall from the White House, July 4, 2024. Samuel Corum/Getty Images

Today’s inflation numbers will underscore why Americans are so frustrated by the spiral of price increases under the Biden-Harris administration. Even as the pace of inflation slows, prices aren’t going back down. Prices are stuck at an elevated level — up some 20 percent since President Biden took office. These higher prices for groceries and other household expenses can’t so easily be waved off as “price gouging,” as Vice President Harris insists.

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