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Reporter Calls Out Embarrassing Biden White House Self-Own Regarding Inflation Report

The Biden White House is notorious for making claims about the economy and inflation that they think makes them look good but in reality don’t.

For instance, there was this tweet from July 2021 where they boasted about how the average price of a cookout in America had allegedly fallen a whopping 16 cents from the previous year:

Then there was a now-deleted tweet they posted in November 2022 giving the Biden administration a pat on the back (as they had also done a month prior) for Social Security recipients getting a large COLA increase starting in January 2023. As it turns out, they were responsible for the increase – but just not in a way they wanted voters to know about:

The latest instance of the Biden team committing a pretty spectacular self-own came courtesy of the recently released consumer price index report, which showed inflation for the month of May at 4 percent:

Consumer prices rose just 0.1 percent in May and are up 4 percent over the past year, according to key inflation data released Tuesday morning by the Labor Department.

Inflation as measured by the consumer price index (CPI) dropped sharply last month, bringing annual price growth down to its slowest pace since March 2021.

The drop in inflation will likely keep the Federal Reserve on track to pause its aggressive run of interest rate hikes Wednesday.

In response to the news, here’s how the Biden White House spun it:

Except notice something about their chart? It shows inflation skyrocketing in 2021 not long after Joe Biden took office. So in effect they are saying they’ve “fixed” the problem that started under their watch, I guess?

Fox News national correspondent Bill Melugin noticed the tweet, and called it out for being what he described as a “strange flex.”

“Not sure why the White House would tweet this chart? It shows inflation shooting up as soon as they took office…then they take credit for dropping it down from 40 year highs. Strange flex,” Melugin wrote.

And as former investment banker-turned-small business advisor Carol Roth observed, the picture is not as rosy as Biden is trying to paint it:

“Inflation isn’t down, inflation growth is down. While obviously this is much better than inflation growth continuing and a good trend, let’s not gloss over how the compounding effects of inflation are utterly destroying the middle/working class.”

CNBC pointed out a couple of inconvenient truths as well:

Excluding volatile food and energy prices, the picture wasn’t as optimistic.

So-called core inflation rose 0.4% on the month and was still up 5.3% from a year ago, indicating that while price pressures have eased somewhat, consumers are still under fire.

We eagerly wait for our esteemed “fact checkers” in the mainstream press to jump right on this little discrepancy. Or not.

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