Joseph Sullivan writes about Biden’s record on inflation compared to other presidents at this point in their tenure:
With the release of data for June, we have 18 months of data on inflation under President Biden. In terms of inflation, the Biden administration has already earned its place in history. Depending on your preferred point of reference, at this point in its tenure, it’s either the worst since the 1970s or the worst-ever on record.
At this point in his presidency, Biden has presided over more inflation than any president since Gerald Ford, who took office in 1974. But President Ford’s path to the White House was an outlier. He was never elected president or vice president. Among elected presidents, Biden has presided over more inflation than any since at least 1948, when data on seasonally adjusted consumer prices from the Bureau of Labor Statistics begin.
Read the whole thing here.