Biden, Media Taunt Struggling Americans By Insisting 6.5% Inflation Is A Good Thing

You wouldn’t know it from coverage of the Latest consumer price index reportBut, Americans still struggle to stay afloat after almost two years of record-high inflation.

Instead of highlighting rising shelter and food prices that affect Americans daily, the Biden Administration and its corrupt corporate media allies have joined forces to convince Americans that 6.5% year-over–year inflation and a 0.1% drop from November 2022 are good things.

American families are out in excess $7,400 since Biden took office thanks to the climbing price of essentials hasn’t stopped the Biden administration or its sympathizers from insisting that the U.S. economy, which recorded the “lowest inflation rate since Oct 2021,” It is in excellent shape due to the low prices “fell” Oder It was “down.”

The White House, American Families and Democrat senators Claim, finally have “breathing room.”

The narrative also dominated corporate media coverage “consumer prices fell” And Inflation “cooled.”

One graph Featured The Axios morning bulletin aimed to convince struggling Americans that inflation is much better than it was just a few months back.

“The bottom line: America’s inflation problem isn’t over. But inflation is slowing while the job market is still healthy — an enviable combination,” The caption assures.

What the graph really does is show the latest CPI numbers are only slightly down from the 40-year high that’s defined Biden’s presidency.

Contrary the dominant narrative, official stats reveal that Americans continue to pay too much for essential goods & services in comparison to December 2021. Energy accounts for approximately 5% of the total cost of energy. significant portion of Americans’ spendingThe average increase in monetary value was 7.3% since December 2021. The 10.4 percent increase in food prices, which was double the rate of last year, is 10.4 percent. In particular, eggs prices have risen by 11.1 percent in the past year.

If the prices of things people spend their money on, such as energy and food, are removed from the equation, inflation doesn’t exist, according to the repeated insistences of the U.S. Bureau of Labor Statistics and Talking heads.

Inflation rose by 0.3 percent in November 2022 (without food and energy) and 5.7% in December 2021 (without food and energy). Actual price increases are lower than the inflation rates. Two years ago Nearly all yields are double-digit percent increases.

Jordan Boyd, a staff writer at The Federalist, is also the co-producer and host of The Federalist Radio Hour. Her work was also featured in The Daily Wire, Fox News, and other publications. Jordan graduated from Baylor University, where she studied journalism and political science. Follow Jordanboydtx on twitter.

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