What did JD Vance claim about the economy on 26 Oct 2026?
JD Vance, Vice President of the United States ·
the terrible Biden inflation, the highest inflation that we saw in 50 years in our country.
The 2022 peak of 9.1 percent was the highest in about 40 years, not 50. The Bureau of Labor Statistics called it the largest 12-month increase since November 1981, and inflation ran higher than that from 1979 to 1981.
Consumer prices rose 9.1 percent in the 12 months ending June 2022, which the Bureau of Labor Statistics described as the largest 12-month increase since the period ending November 1981 (BLS, Consumer Price Index release of July 13, 2022).
Claim vs. the record · Economy
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The claim
- Date
- Where
- Midterm campaign rally in Belgrade, Montana.
The record
Primary source (agency data)