“It's very misleading when (President Biden) says (inflation) used to be at 9%. This is compounding. It’s not like it went down from 9% to 3%. This is building month after month. The better way to think about it is that it’s 18%, 19% over the last three years.”
What PolitiFact found
Inflation compounds and it has risen by about 19% over the last three years. However, Rubio leaves out that wages have increased faster than prices since the pandemic, and also over the past year.
Their words, from the summary they publish with the rating.
In short
Marco Rubio (U.S. Senator, R-Fla.) made this claim around 11 April 2024. PolitiFact (United States) looked into it and published its finding on 17 April 2024, 6 days later. Its rating was “Half True”.
Marco Rubio has 16 checked claims in this archive. Fact-checking organisations rated 6 of them false or fake, 7 misleading or mixed and 1 true.
Where the claim appeared
- foxnews.comhttps://www.foxnews.com/video/6350704735112
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.