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Another massive left wing myth that I debunked on Bill Maher’s show is one that Democrats use repeatedly: “Joe Biden inherited a crappy economy from Donald Trump, and that is the real reason inflation and the cost of living are so high.”

Nothing could be further from the truth. 

Joe Biden and Kamala Harris inherited an economy that was largely recovering from the pandemic. Biden-Harris inherited low inflation, and then skyrocketed inflation to 9%. Biden-Harris inherited an economy that had GDP growth not only returning to pre-pandemic levels but actually exceeding them by the time they took office. Even unemployment was largely returning to pre-pandemic levels by the time Biden-Harris took office. 

So, what happened? It’s very simple. Biden-Harris injected trillions of dollars of welfare (i.e. demand) into the economy while screwing up supply – specifically by restricting energy production and imposing regulations that suffocated economic growth. That is precisely what causes inflation: too much demand chasing too few goods. That’s why Joe Biden and Kamala Harris created the worst inflation America has seen since Jimmy Carter. 

Biden-Harris inherited a relatively strong economy from Donald Trump and destroyed it.