Latest Inflation Numbers Crush Americans

The eye-watering 8.5 percent year-over-year inflation rate for July 2022 has been released. This is a little less than the 9.1% in June, which appears to have been the zenith of Joe Biden’s inflationary boom.

But although most regular people would grimace at an 8.5 percent price rise over what they were paying at this time last year, the press is hard at work celebrating.

When a Democrat is in the White House, the mainstream media makes an absurd effort to continually portray any news as positive.

Yes, it is positive news. You can’t cheer when things get so bad that they have to go back down, though, when a government drives inflation up to 9.1 percent.

Additionally, they are unable to escape the reality that inflation reached a record high of 5.4 percent in July 2021. We now have an increase of 8.5% on top of the 5.4% rise from the previous year. When compared to prices before Biden took office, it amounts to a significant real dollar rise for American families.

When that increase is broken down, it looks like this.

There was always going to be a slowdown in inflation. Although it could not just continue to rise indefinitely, it did so for a lot longer than anybody had anticipated, even the White House. Its current decline is no more a win than the drop in petrol prices from $5 to $4 per gallon. It matters where you start, and inflation is still quite high relative to when Biden took office.

Before anybody should be rejoicing, there is still much work to be done, and the press and White House’s attempts to celebrate this most recent inflation statistics simply serve to highlight how out of touch they are.

RELATED ARTICLES

“General Hospital” Actor Dead at 43

Several reliable sources have confirmed the passing of Billy Miller, known for his role in "General Hospital," on Friday, September 15. The...

Fake Marshall Arrested At RFK Jr. Event In Los Angeles

A man carrying two holsters on his shoulders, each containing loaded handguns and additional rounds of ammunition, was apprehended by the Los...

Gary Sinese Works to Support Post-9/11 Veterans

Gary Sinise, a conservative icon in Hollywood, used the recent anniversary of 9/11 to remind the public that soldiers and their families...

U.S. Begins First Mass Evacuation Of Citizens From Sudan

The initial stages of the United States' inaugural large-scale evacuation of its citizens from Khartoum, the principal and most populous urban center...

Fauci Confronted On Study That Claims Masks Are Ineffective

A reporter sought Dr. Anthony Fauci's opinion after reading about studies that called into question the usefulness of face masks in reducing...

DACA Struck Down Once Again

When former President Barack Obama assumed the presidency, he had a majority in both the House of Representatives and the Senate. In...

YOU MAY ALSO LIKE…

LATEST POSTS ON UNCAGED BRIEF

Most Recent

“General Hospital” Actor Dead at 43

Several reliable sources have confirmed the passing of Billy Miller, known for his role in "General Hospital," on Friday, September 15. The...

Fake Marshall Arrested At RFK Jr. Event In Los Angeles

A man carrying two holsters on his shoulders, each containing loaded handguns and additional rounds of ammunition, was apprehended by the Los...

DACA Struck Down Once Again

When former President Barack Obama assumed the presidency, he had a majority in both the House of Representatives and the Senate. In...

U.S. Begins First Mass Evacuation Of Citizens From Sudan

The initial stages of the United States' inaugural large-scale evacuation of its citizens from Khartoum, the principal and most populous urban center...

Gary Sinese Works to Support Post-9/11 Veterans

Gary Sinise, a conservative icon in Hollywood, used the recent anniversary of 9/11 to remind the public that soldiers and their families...

Fauci Confronted On Study That Claims Masks Are Ineffective

A reporter sought Dr. Anthony Fauci's opinion after reading about studies that called into question the usefulness of face masks in reducing...