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Unless the president does something monumentally stupid (like telling people not to wear masks during a pandemic) the president has little impact on the economy (or oil prices). Why do people keep talking about the president like he's got a great big series of valves that controls the economy? It's ridiculous!
Any decision the president makes that will impact the economy is most likely to have an impact ten years later. Sometimes an impact can be felt sooner than that but it's usually not a good thing for the economy... Like starting a war or closing the borders.
Yeah they also say it started when he took office but it definitely started during the pandemic when someone else was president. I don't understand why it's always framed like that. This inflation is a direct result of the pandemic response. But somehow they think the guy who caused it could fix it? Insane
You should know why it's framed that way. This is a political piece, designed to make Biden look bad.