Fox Host Bursts into Laughter After Fmr. Obama Econ Adviser Claims Inflation Was ‘9-10 Percent’ When Biden Took Office

Smith All right time ░░░░░░░░ our panel Doug Holtz ░░░░░░░░ is here former CBO ░░░░░░░░ and Robert Wolf his ░░░░░░░░ economic advisor to Obama ░░░░░░░░ to both of you ░░░░░░░░ what was inflation when ░░░░░░░░ took office WOLF I ░░░░░░░░ it was probably 9 ░░░░░░░░ Smith Laughs HOLTZ EAKIN ░░░░░░░░ no no Come on ░░░░░░░░ Come on Robert All ░░░░░░░░ WOLF But more importantly ░░░░░░░░ s 3 now so ░░░░░░░░ s down by two ░░░░░░░░ Smith I apologize I ░░░░░░░░ you on the spot ░░░░░░░░ It was 1 4 ░░░░░░░░ that is fact So ░░░░░░░░ Holtz Eakin these are ░░░░░░░░ claims that the president ░░░░░░░░ been making that The ░░░░░░░░ Post is giving four ░░░░░░░░ Kind of sounds like ░░░░░░░░ Robert just said listen ░░░░░░░░ starts Biden We have ░░░░░░░░ reduced inflation from 9 ░░░░░░░░ to close to 3 ░░░░░░░░ are in a situation ░░░░░░░░ we are in a ░░░░░░░░ situated than we were ░░░░░░░░ we took office It ░░░░░░░░ 9 when I came ░░░░░░░░ office 9 But look ░░░░░░░░ have a right to ░░░░░░░░ concerned I think inflation ░░░░░░░░ gone slightly up It ░░░░░░░░ 9 when I came ░░░░░░░░ and now it s ░░░░░░░░ to about 3 Clip ░░░░░░░░ Smith All right so ░░░░░░░░ we re having a ░░░░░░░░ time with Robert s ░░░░░░░░ It was 1 4 ░░░░░░░░ I did put him ░░░░░░░░ the spot there.”