Friday, June 10, 2022

U.S._ New Inflation Numbers Come Busting in Like the Kool-Aid Man, Completely Counter White House Narrative

RedState

New Inflation Numbers Come Busting in Like the Kool-Aid Man, Completely Counter White House Narrative

By Bonchie
| Jun 10, 2022 9:45 AM ET


AP Photo/Alex Brandon


While the news cycle over the next few days will be dominated by more rehashing of January 6th, there are real problems still occurring out there in the wild. One of them is inflation, and May’s numbers have come busting in like the Kool-Aid man, completely countering the White House narrative.

You may recall that April’s inflation numbers saw a slight downturn from 8.5 percent to 8.3 percent. Core inflation still actually rose, but the topline number led the administration to claim that things had slowed. The White House put out a statement claiming that the report showed they were making progress.

Unfortunately, that turned out to not be the case. May’s inflation rate hit a new high of 8.6 percent, the largest increase yet under the Biden administration.

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READ MORE: https://redstate.com/bonchie/2022/06/10/new-inflation-numbers-come-busting-in-like-the-kool-aid-man-completely-counter-white-house-narrative-n576991

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