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A Project of The Annenberg Public Policy Center

Stimulus Spending a Factor, But Far From Whole Story on Inflation

Stimulus Spending a Factor, But Far From Whole Story on Inflation

Economists cite several reasons for high inflation in the United States, starting with the unprecedented circumstances created by the COVID-19 pandemic. But TV ads in midterm races across the country blame one culprit: stimulus spending by President Joe Biden’s administration.

Biden’s Economic Spin

Biden’s Economic Spin

In a speech on inflation and the economy, President Joe Biden made some misleading claims and used political spin to criticize Republicans and promote his policies.