Over the summer, President Biden
declared, “Today, we received news that our economy had zero percent inflation in the month of July — zero percent.” What this meant was that prices were flat in July relative to June. In August, inflation ticked back up, but only modestly — at 0.1 percent.
A deeper look at the
numbers in both months, however, showed that in order to have relatively flat inflation over those two months, it took a substantial drop in gas prices — 7.7 percent in July and 10.6 percent in August. Food prices rose significantly in both months, as did the cost of medical care and shelter. In the September report, gas prices were down 2.7 percent. With less help from gas prices, month-over-month inflation picked up to 0.4 percent overall in today’s report."
You know what that means?? more green energy spending, er uh I man another inflation reduction bil!!
LAFFRIOT