‘That’s Not How Economics Works’: Iowa GOP Gov. Candidate to NBC’s Welker Saying Inflation Was Lower When Biden Left Office

EXCERPT:

WELKER: “But when he left, inflation was at 3 percent. Inflation was at 3 percent and it’s higher now.”

LAHN: “You can’t take away the collective — that’s not how economics works. You can’t just say, OK, when he leaves, it’s at this number, but during the entire time it was collectively much higher. We understand that the prices are going up. And yes, we understand that there’s issues within the economy, no doubt about it. We want prices to come down.”