Americans were better off with Trump.
https://tippinsights.com/bidenflation-at-13-2-continues-to-hurt-americans/
The media celebrated the past week with headlines like "'Santa is coming after all'; Investors celebrate a cooler-than-expected inflation report" and "November CPI: Biden says economic plan 'just getting started' as prices cool."
Paul Krugman, the Nobel laureate, recently wrote a column in the New York Times, "Wonking Out: When Should We Declare Victory Over Inflation?"
But the credibility of economists, even Nobel laureates, under the Biden presidency has taken a severe blow. Recall, these are the same folks who wanted to foist Biden's Build Back Better Plan on Americans. If it had passed, inflation would be persisting in double digits.
True, the Consumer Price Index (CPI) released by the government last Thursday showed a 7.1% year-over-year price increase from November 2021 to November 2022, edging down from a rate of 7.7% in October. The CPI has declined steadily from a 40-year high of 9.1% in June to 7.1% in November.
Intriguingly, no media outlet bothered to inform its readers or viewers that the prices have increased by 13.2% under President Biden's watch between February 2021 and November 2022.
https://tippinsights.com/bidenflation-at-13-2-continues-to-hurt-americans/
The media celebrated the past week with headlines like "'Santa is coming after all'; Investors celebrate a cooler-than-expected inflation report" and "November CPI: Biden says economic plan 'just getting started' as prices cool."
Paul Krugman, the Nobel laureate, recently wrote a column in the New York Times, "Wonking Out: When Should We Declare Victory Over Inflation?"
But the credibility of economists, even Nobel laureates, under the Biden presidency has taken a severe blow. Recall, these are the same folks who wanted to foist Biden's Build Back Better Plan on Americans. If it had passed, inflation would be persisting in double digits.
True, the Consumer Price Index (CPI) released by the government last Thursday showed a 7.1% year-over-year price increase from November 2021 to November 2022, edging down from a rate of 7.7% in October. The CPI has declined steadily from a 40-year high of 9.1% in June to 7.1% in November.
Intriguingly, no media outlet bothered to inform its readers or viewers that the prices have increased by 13.2% under President Biden's watch between February 2021 and November 2022.
