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Team Biden Pats Itself on the Back for Inflation, Leaves Out Crucial Number

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    Note: This article may contain commentary or the author's opinion.

    NOTE: The following article is satire, not a statement of fact. Treat it as such.

    KJP, in her announcement on the current state of inflation in the United States, claimed that everything is going swimmingly and argued that things are getting better, from an inflation perspective, in America. In her words:

    With today’s report, annual inflation has come down 45 percent since last summer. The annual inflation rate has now come down 10 months in a row at a time when our economy and job market are strong, with the unemployment rate at its lowest level in more than 50 years. Gas prices are down nearly $1.50 from their summer peak, and prices at the grocery store have actually come down the last two months, providing some welcome breathing room for families. While we have more work to do to lower costs for families, the President’s Inflation Reduction Act is already working to lower the cost of prescription drugs, health care, and home energy costs. And with more than $400 billion in private sector manufacturing investments committed already, his Investing in America agenda is creating good jobs you can raise a family on in communities throughout the country.

    With all this progress, the single biggest threat to our economy would be if House Republicans fail to prevent default. That would cost millions of Americans their jobs, increase costs, increase the deficit, and crater retirement accounts. As the President said to Congressional leaders yesterday, we must take default off the table – and then have a separate conversation about the budget. He simply will not accept attempts to take the full faith and credit of the United States hostage in order to enact an extreme agenda that would raise costs for hard-working families.

    Left out, you’ll notice, is any details about food. While she rambled about taking “default off the table,” she didn’t mention a single thing about the cost of food in Biden’s America. And when that’s looked at, a very different picture of inflation is painted, particularly for poorer families or families that spend a larger amount of their income on food.

    Why’s that? Well, the price of cereal grains, beef, eggs, and milk, is still up 50% year over year thanks to Bill Gates buying up farmland and shutting down farming on it, the massacres of chickens carried out for the past two years under the guise of “avian flu,” and ever-larger taxes on beef producers, particularly the ranches that raise the cows used for beef, that are meant to get people spending money on bugs and soy instead of a hearty steak dinner.

    Then there’s the housing situation, also left unmentioned by KJP. Though mortgage rates have gone up, housing prices have not gone down, as companies like BlackRock are able to use their financial firepower and large reserves of cash to swoop down and scoop up houses on the market if they fall below a certain price.

    When those two metrics are included and weighted toward what people spend on them, inflation is closer to the 15% mark since this time last year. But, of course, Brandon kept those numbers far away.


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