Excerpts from The Paradise:
A graphic shared on social media tries to answer that question, but its data needs a second look.
This post was flagged as part of Meta’s efforts to combat false news and misinformation on its News Feed.
Although many consumer prices have risen under Biden’s administration, as of March 10, many of the figures in the post were inaccurate.
The government does not track average national rental prices, but the claim differs from data collected by rental companies.
CLAIM: Nasdaq was up 13,342 points when Trump left office and is now down 10,829 points. This is way off.
The article's concluding sentence:
PolitiFact has found that price changes are affected by factors other than who is in office, such as Federal Reserve interest rate hikes, global oil price swings and the coronavirus pandemic.
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