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1 check for “Patrick Gaspard”

Patrick Gaspard, president and CEO, Center for American Progress

“Inflation has been caused by the global economies shutting down all at once, reopening all at once. And … the U.S. economy is recovering at a far faster pace than any other country in the OECD.”

PolitiFact rated this: Mostly True

PolitiFact says: The U.S. has experienced faster economic growth than most of its most direct global competitors, and experts agree that this has contributed to inflationary pressures. Other pressures include Biden's fiscal policy.