Biden Inflation Final Score: 21.4% Cumulative Price Increase and Key Household Costs Soar

Special Edition: Inflation Report and Final Score for the Biden Presidency

In this special edition of Discussion Points, David Winston of the Winston Group analyzes the latest inflation report, revealing a 3% year-over-year increase in the Consumer Price Index for January 2025. This report marks the final inflation tally for President Biden’s term, with a cumulative inflation rate of 21.4% since his inauguration. Key household expenses have seen even higher price hikes, with food up 23.8%, gas surging 32.8%, and electricity rising by 31%. When compared to previous presidents, Biden’s inflation performance ranks second to Jimmy Carter’s staggering 48.7%. Reagan’s inflation rate of 21.3% is largely attributed to the lingering effects of Carter’s inflationary policies in his early years. This final report offers a sobering snapshot of the Biden administration’s economic legacy.