Joe Biden claimed on Tuesday that inflation is coming down in America.
That will be big news for the millions of Americans who are still struggling to afford basic things like gas for their cars and food for their family table.
Of course, rather than looking into Biden’s claims, the liberal media just repeats his message.
This is from Reuters:
Biden says inflation going down but do not take anything for granted
President Joe Biden on Tuesday said inflation in the United States was coming down and he hopes prices will be back to normal by the end of next year.
U.S. consumer prices rose less than expected for a second straight month in November, resulting in the smallest annual increase in inflation in nearly a year and giving the Federal Reserve cover to start scaling back the size of its interest rate increases.
The consumer price index readings last month reflected declines in the costs of gasoline, healthcare and used cars and trucks but Americans still faced higher prices for food and rental housing.
“I want to be clear, it’s going to take time to get inflation back to normal levels. As we make the transition to a more stable growth, we could see setbacks along the way as well. We shouldn’t take anything for granted,” he said.
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Biden said his goal was to get price increases under control without hurting economic growth and to lower inflation while keeping the labor market resilient.
Here’s the video:
BIDEN: "Inflation is coming down in America." pic.twitter.com/GhZ29XaAui
— Townhall.com (@townhallcom) December 13, 2022
And here’s some reality.
Biden: "Food inflation has slowed last month providing much needed relief for millions of families at the grocery store."
Food at home inflation rates actually went from 0.4% in October to 0.5% in November.
— Charlie Spiering (@charliespiering) December 13, 2022
President Biden just claimed Tuesday's CPI report showed inflation "coming down."
In reality, the latest CPI read showed that inflation increased month-over-month in November and is still up more than 7% over the last 12 months.
👖🔥👖🔥 👖🔥 👖🔥 https://t.co/lPbKeQm5HI
— Spencer Brown (@itsSpencerBrown) December 13, 2022
Blatant lie. Real wages have decreased since last year https://t.co/43MwsE8mH3
— John Hasson (@SonofHas) December 13, 2022
He lies constantly and the media just lets him get away with it.
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