Boyd: Contrary to media claims, inflation index shows Americans still face sky-high prices
By Jordan Boyd | Commentary, The Federalist
Contrary to the corporate media cabal’s desperate attempt to paint the Consumer Price Index report for June 2024 as a sign that inflation “cooled” and will continue “cooling” and “slowing” the closer the nation gets to November’s presidential election, Americans are still paying higher prices on basic day-to-day goods and services than they did in the last four years.
When the U.S. Bureau of Labor Statistics released its latest inflation index showing a 0.1 percent decrease in prices from May 2024 to June 2024, press outlets and the Democrat regime rushed to bill the data as a sign that inflation is “at its lowest level in more than three years.”
The New York Times’ Paul Krugman, whose partisa...
