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“People are 7% poorer now because of Biden inflation.”
Mitt Romney U.S. Senator, R-Utah. an interview on NBC's "Meet the Press". Claim dated 17 Jan 2022.
PolitiFact rated thisMostly False

What PolitiFact found

The inflation rate was 7% over the past year. However, a 4.7% increase in wages has reduced the impact on the typical worker by about two-thirds, making Romney’s figure exaggerated.

Their words, from the summary they publish with the rating.

In short

Mitt Romney (U.S. Senator, R-Utah) made this claim around 17 January 2022. PolitiFact (United States) looked into it and published its finding on 21 January 2022, 4 days later. Its rating was “Mostly False”.

Where the claim appeared

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.