Economic analyst Jim Nelles says that under President Trump we never had inflation at more than 3 percent. Joe Biden, meanwhile, only saw 3 percent inflation for his first three months in office — but then Biden's policies took effect and drove inflation over the rails. "When Biden talks about inflation coming down that's like saying 'I gained 10 pounds during Thanksgiving, but I only gained five pounds over Christmas, so, therefore, I am losing weight,'" Nelles said. "No, I am just gaining weight faster. That is exactly what we are seeing with Joe Biden."