Despite Joe Biden’s claims, inflation persists and shows no signs of stopping.

Senior Democratic Rep. Jim Clyburn defended President Biden by calling rising inflation “disinformation,” but the Labor Department reported a 3.5% increase in March, higher than expected.

In the past three months, prices have been rising at an accelerating rate, with a potential for further increase. This has resulted in the Federal Reserve holding off on lowering interest rates, causing the Dow to plummet by 512 points.

Other economic indicators such as commodity prices and the Producer Price Index have shown significant increases, pointing towards continued inflation.

Despite this, President Biden claimed that inflation is easing, which is not supported by the data.

In reality, inflation has reached a 41-year high under Biden, with prices significantly higher than when he took office.

The recent news of a 2.1% increase in the Producer Price Index further confirms the trend of rising inflation.

President Biden’s economic policies, including massive spending plans and debt accumulation, have been criticized by experts like Michelle Bowman and Jamie Dimon. The potential for interest rates to surge to over 8% poses a significant risk to the economy.

The trillions of dollars allocated to green economy initiatives have also been flagged as potentially inflationary by Dimon.

A majority of Americans believe that Biden’s policies have worsened economic conditions, and the outlook is not expected to improve until there is a change in leadership.