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A checked claim

Joe Biden’s wasteful spending has sent prices skyrocketing

Jane M. Timken · A campaign advertisement · April 13, 2022

About Joe Biden.

Correct this page · hello@crackedbuckeye.com

The checks

Each in the checker's own words. This site does not restate another organization's finding in its own voice.

Half True

PolitiFact, April 20, 2022 · read the check

Our check against the record

The record does not settle it

Checked against Change in consumer prices from the year before (U.S. Bureau of Labor Statistics CPI-U, series CUUR0000SA0, annual averages): 4.7 percent in 2021, the highest since 1990; the index records how much prices rose, not what made them rise.

The record: Consumer Price Index for All Urban Consumers (CPI-U), series CUUR0000SA0

Change in consumer prices from the year before, United StatesChange in consumer prices from the year before, United States ran from 1.0% in 1914 to 2.6% in 2025, between -10.5% and 18.0% across the series; the date of the claim, 2022-04-20, is marked.0%5%10%15%19201930194019501960197019801990200020102020the claim1914: 1.0%1915: 1.0%1916: 7.9%1917: 17.4%1918: 18.0%1919: 14.6%1920: 15.6%1921: -10.5%1922: -6.1%1923: 1.8%1924: 0.0%1925: 2.3%1926: 1.1%1927: -1.7%1928: -1.7%1929: 0.0%1930: -2.3%1931: -9.0%1932: -9.9%1933: -5.1%1934: 3.1%1935: 2.2%1936: 1.5%1937: 3.6%1938: -2.1%1939: -1.4%1940: 0.7%1941: 5.0%1942: 10.9%1943: 6.1%1944: 1.7%1945: 2.3%1946: 8.3%1947: 14.4%1948: 8.1%1949: -1.2%1950: 1.3%1951: 7.9%1952: 1.9%1953: 0.8%1954: 0.7%1955: -0.4%1956: 1.5%1957: 3.3%1958: 2.8%1959: 0.7%1960: 1.7%1961: 1.0%1962: 1.0%1963: 1.3%1964: 1.3%1965: 1.6%1966: 2.9%1967: 3.1%1968: 4.2%1969: 5.5%1970: 5.7%1971: 4.4%1972: 3.2%1973: 6.2%1974: 11.0%1975: 9.1%1976: 5.8%1977: 6.5%1978: 7.6%1979: 11.3%1980: 13.5%1981: 10.3%1982: 6.2%1983: 3.2%1984: 4.3%1985: 3.6%1986: 1.9%1987: 3.6%1988: 4.1%1989: 4.8%1990: 5.4%1991: 4.2%1992: 3.0%1993: 3.0%1994: 2.6%1995: 2.8%1996: 3.0%1997: 2.3%1998: 1.6%1999: 2.2%2000: 3.4%2001: 2.8%2002: 1.6%2003: 2.3%2004: 2.7%2005: 3.4%2006: 3.2%2007: 2.8%2008: 3.8%2009: -0.4%2010: 1.6%2011: 3.2%2012: 2.1%2013: 1.5%2014: 1.6%2015: 0.1%2016: 1.3%2017: 2.1%2018: 2.4%2019: 1.8%2020: 1.2%2021: 4.7%2022: 8.0%2023: 4.1%2024: 2.9%2025: 2.6%United States
Change in consumer prices from the year before, United StatesChange in consumer prices from the year before, United States ran from 1.0% in 1914 to 2.6% in 2025, between -10.5% and 18.0% across the series; the date of the claim, 2022-04-20, is marked.Source: U.S. Bureau of Labor Statistics: Consumer Price Index for All Urban Consumers (CPI-U), series CUUR0000SA0 (U.S. city average, all items, not seasonally adjusted) · as of 2026-10-15 · Download this chart
The numbers behind this figure, as a table
SeriesWhenpercent
Change in consumer prices from the year before, United States19141
Change in consumer prices from the year before, United States19151
Change in consumer prices from the year before, United States19167.9
Change in consumer prices from the year before, United States191717.4
Change in consumer prices from the year before, United States191818
Change in consumer prices from the year before, United States191914.6
Change in consumer prices from the year before, United States192015.6
Change in consumer prices from the year before, United States1921-10.5
Change in consumer prices from the year before, United States1922-6.1
Change in consumer prices from the year before, United States19231.8
Change in consumer prices from the year before, United States19240
Change in consumer prices from the year before, United States19252.3
Change in consumer prices from the year before, United States19261.1
Change in consumer prices from the year before, United States1927-1.7
Change in consumer prices from the year before, United States1928-1.7
Change in consumer prices from the year before, United States19290
Change in consumer prices from the year before, United States1930-2.3
Change in consumer prices from the year before, United States1931-9
Change in consumer prices from the year before, United States1932-9.9
Change in consumer prices from the year before, United States1933-5.1
Change in consumer prices from the year before, United States19343.1
Change in consumer prices from the year before, United States19352.2
Change in consumer prices from the year before, United States19361.5
Change in consumer prices from the year before, United States19373.6
Change in consumer prices from the year before, United States1938-2.1
Change in consumer prices from the year before, United States1939-1.4
Change in consumer prices from the year before, United States19400.7
Change in consumer prices from the year before, United States19415
Change in consumer prices from the year before, United States194210.9
Change in consumer prices from the year before, United States19436.1
Change in consumer prices from the year before, United States19441.7
Change in consumer prices from the year before, United States19452.3
Change in consumer prices from the year before, United States19468.3
Change in consumer prices from the year before, United States194714.4
Change in consumer prices from the year before, United States19488.1
Change in consumer prices from the year before, United States1949-1.2
Change in consumer prices from the year before, United States19501.3
Change in consumer prices from the year before, United States19517.9
Change in consumer prices from the year before, United States19521.9
Change in consumer prices from the year before, United States19530.8
Change in consumer prices from the year before, United States19540.7
Change in consumer prices from the year before, United States1955-0.4
Change in consumer prices from the year before, United States19561.5
Change in consumer prices from the year before, United States19573.3
Change in consumer prices from the year before, United States19582.8
Change in consumer prices from the year before, United States19590.7
Change in consumer prices from the year before, United States19601.7
Change in consumer prices from the year before, United States19611
Change in consumer prices from the year before, United States19621
Change in consumer prices from the year before, United States19631.3
Change in consumer prices from the year before, United States19641.3
Change in consumer prices from the year before, United States19651.6
Change in consumer prices from the year before, United States19662.9
Change in consumer prices from the year before, United States19673.1
Change in consumer prices from the year before, United States19684.2
Change in consumer prices from the year before, United States19695.5
Change in consumer prices from the year before, United States19705.7
Change in consumer prices from the year before, United States19714.4
Change in consumer prices from the year before, United States19723.2
Change in consumer prices from the year before, United States19736.2
Change in consumer prices from the year before, United States197411
Change in consumer prices from the year before, United States19759.1
Change in consumer prices from the year before, United States19765.8
Change in consumer prices from the year before, United States19776.5
Change in consumer prices from the year before, United States19787.6
Change in consumer prices from the year before, United States197911.3
Change in consumer prices from the year before, United States198013.5
Change in consumer prices from the year before, United States198110.3
Change in consumer prices from the year before, United States19826.2
Change in consumer prices from the year before, United States19833.2
Change in consumer prices from the year before, United States19844.3
Change in consumer prices from the year before, United States19853.6
Change in consumer prices from the year before, United States19861.9
Change in consumer prices from the year before, United States19873.6
Change in consumer prices from the year before, United States19884.1
Change in consumer prices from the year before, United States19894.8
Change in consumer prices from the year before, United States19905.4
Change in consumer prices from the year before, United States19914.2
Change in consumer prices from the year before, United States19923
Change in consumer prices from the year before, United States19933
Change in consumer prices from the year before, United States19942.6
Change in consumer prices from the year before, United States19952.8
Change in consumer prices from the year before, United States19963
Change in consumer prices from the year before, United States19972.3
Change in consumer prices from the year before, United States19981.6
Change in consumer prices from the year before, United States19992.2
Change in consumer prices from the year before, United States20003.4
Change in consumer prices from the year before, United States20012.8
Change in consumer prices from the year before, United States20021.6
Change in consumer prices from the year before, United States20032.3
Change in consumer prices from the year before, United States20042.7
Change in consumer prices from the year before, United States20053.4
Change in consumer prices from the year before, United States20063.2
Change in consumer prices from the year before, United States20072.8
Change in consumer prices from the year before, United States20083.8
Change in consumer prices from the year before, United States2009-0.4
Change in consumer prices from the year before, United States20101.6
Change in consumer prices from the year before, United States20113.2
Change in consumer prices from the year before, United States20122.1
Change in consumer prices from the year before, United States20131.5
Change in consumer prices from the year before, United States20141.6
Change in consumer prices from the year before, United States20150.1
Change in consumer prices from the year before, United States20161.3
Change in consumer prices from the year before, United States20172.1
Change in consumer prices from the year before, United States20182.4
Change in consumer prices from the year before, United States20191.8
Change in consumer prices from the year before, United States20201.2
Change in consumer prices from the year before, United States20214.7
Change in consumer prices from the year before, United States20228
Change in consumer prices from the year before, United States20234.1
Change in consumer prices from the year before, United States20242.9
Change in consumer prices from the year before, United States20252.6

Context

Not yet researched

Topics: Coronavirus, Economy, Food, Gas Prices, Stimulus, Ukraine.

Other claims by Jane M. Timken

Every claim filed under Jane M. Timken

Sources

  1. Biden’s American Rescue Plan fueled inflation. So did post-COVID shortages · PolitiFact · 2022-04-20 · accessed 2026-09-25
  2. Consumer Price Index for All Urban Consumers (CPI-U), series CUUR0000SA0 · U.S. Bureau of Labor Statistics · accessed 2026-10-15

Cite and data

Cite this page as:

Cracked Buckeye, "Jane M. Timken: "Joe Biden’s wasteful spending has sent prices skyrocketing"", https://crackedbuckeye.com/claims/2022-04-20-jane-timken-biden-spending-prices-skyrocketing/, built 2026-11-02, accessed [date].

How to cite · Report a correction · Built 2026-11-02