White House insists inflation is decreasing after record September numbers

White House insists inflation is decreasing after record September numbers


The White House spun disappointing inflation numbers by saying consumer prices were on the way down while preparing the public for sticker shock to continue until next year.

Inflation had decelerated by 50% over recent months, according to White House press secretary Jen Psaki, adding the administration had “been planning for” higher prices.

“We’ve seen a decrease over the course of time,” she told reporters on Wednesday. “Over the second and third quarter of this year, monthly inflation increases have actually decelerated.”

Trending: “I told you so!”…Senator Rand Paul Calls Fauci Out for Lying to Congress After NIH Confirms They Funded Wuhan’s Gain of Function Research [Video]

‘A CHALLENGE FOR THE DEMOCRATS’: BIDEN HOPES TO TARGET GOP ON COVID NEXT YEAR

Psaki declined to speculate that the Federal Reserve’s use of the word “transitory” to describe inflation was problematic for White House messaging. The administration’s approach to

Continue reading

You Might Like

 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend