Bullshit. ". . . through President Biden’s leadership" is objectively false. It's through the CPI adjustment he had nothing to do with. Even if you leave that out it is intentionally misleading.
It's the sort of lie the media (rightfully) wouldn't let Trump get away with.
Politician X makes a claim that would be torn to shreds in a setting where people are at least trying to be honest. Politician X then gets thousands of supporters blindly agreeing or having meta discussions about almost anything besides what matters.
Until we as a people stop rewarding this behavior, it will only continue.
Unless you want to take the position that it was "biden's leadership" that caused the high inflation, then you could say it was objectively true but uhhh... not something they should be bragging about.
The "fact check" specifically said it was providing context: https://twitter.com/cwt_news/status/1587863492077330432/phot... it was written in a very neutral and factual style. I think it was well placed.
If it were the Trump whitehouse though people would probably be asking if the administration broke the law by removing the tweet and thereby causing the removal of the 1A protected 'fact check'.