Joe Biden inflation speech (Kyle Grillot / Bloomberg via Getty) President Joe Biden came to Los Angeles to take a victory lap Friday, claiming — falsely — that “core inflation” had declined, as the effects of 8.6% inflation fell “disproportionately on the working class” in the L.A. metro area, according to a local economist.
As Breitbart News reported , Biden delivered a speech at the port facility, where a cargo crisis last fall threatened supply chains and raised inflationary pressures. He claimed, wrongly, that inflation is down if gas and food prices are excluded: “Inflation outside of energy and food, […]
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