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Analyst Counters Pete Buttigieg's Assertion That Inflation Went Down After Biden's IRA 2022: 'They Are Still Rising And You Don't Seem To Care..At All'

Benzinga ·  Sep 26 16:20

Transportation SecretaryPete Buttigieg's claim about inflation came under scrutiny fromGordon Johnsonof GLJ Research, who argued in an X post on Wednesday that pricing pressures have actually been trending upward.

What Happened:Commenting on a news story that contended claims by Republican Vice President candidate Sen.J.D. Vance(R-Ohio) that the Inflation Reduction Action of 2022 stoking pricing pressure, Buttigieg, who serves in the[Joe] Bidenadministration, said, "Sure is interesting how we passed the Inflation Reduction Act, and then inflation went down."

The Inflation Reduction Act was passed by Congress and signed into law by...

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