REMEMBER THAT SOARING INFLATION RATE WE WERE TOLD ABOUT BY DEMOCRATS,AND THEIR MEDIA FRIENDS?

June 11, 2025
by Ken Berwitz
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Well, here, from, Jeff Cox’s article for CNBC, is what actually has happened:

U.S. inflation rises 0.1% in May from prior month, less than expected
  • The consumer price index increased 0.1% for the month, putting the annual inflation rate at 2.4%.
  • Excluding food and energy, core CPI came in respectively at 0.1% and 2.8%, compared with forecasts for 0.3% and 2.9%.
  • Weakness in energy prices helped offset some of the increases, and a handful of other key items expected to show tariff-related jumps, vehicle and apparel prices in particular, actually posted declines.

In other words, inflation not only did not soar, it came in virtually the same.  Again, just like last month when we were also told it would soar.

Inflation currently sits at 2.4%; down – not up but down – from the 3.0% Trump inherited from whoever was in charge of the presidency when Joe Biden pretended to be.

Don’t expect any “oops, sorry, we’ve been wrong” statements from Democrats or most of their media friends, though.  That would take basic integrity…

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