The White House and the media are insisting the economy is finally “cooling off.”
Joe Biden: Inflation Is Zero %.
NOW – Biden: “Today we received news that our economy had zero percent inflation in the month of July. Zero percent.” pic.twitter.com/HXpRy5xmW5
— Disclose.tv (@disclosetv) August 10, 2022
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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