How’s the Economy?

Great!

The White House and the media are insisting the economy is finally “cooling off.”

Joe Biden: Inflation Is Zero %.

Why?

The consumer price index came down slightly from the 9.1 percent recorded in June, reported The Federalist:

Americans still paid more in July for groceries (prices rose by 1.1% since June and 10.9% since July 2021. Electricity is up 1.6% since the previous month and 15.2 % since last year.

Just ignore that Inflation is still at 8.5% (one of the highest rates in 40 years).

  • Food is the most expensive since 1979
  • Gas is $1 more expensive than it was last year
  • Real wages fell by 3.6%
  • There’s still no baby formula
  • Utility companies might have turned off your in the middle of a heatwave

After delivering on all these accomplishments, President Biden took his totally-not-above-the-law son Hunter Biden on a much-deserved weeklong beach vacation, continues The Federalist.

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Debbie Young
Debbie, our chief political writer of Richardcyoung.com, is also our chief domestic affairs writer, a contributing writer on Eastern Europe and Paris and Burgundy, France. She has been associate editor of Dick Young’s investment strategy reports for over five decades. Debbie lives in Key West, Florida, and Newport, Rhode Island, and travels extensively in Paris and Burgundy, France, cooking on her AGA Cooker, driving through Vermont and Maine, and practicing yoga. Debbie has completed the 200-hour Krama Yoga teacher training program taught by Master Instructor Ruslan Kleytman. Debbie is a strong supporting member of the NRA.