Just last Friday, Biden said he was “confident” that the latest Consumer Price Index would show the economy is “in some solid shape.”
BIDEN INFLATION CRISIS: "It's food, it's shelter, rent, all sending [the] Consumer Price Index up month-over-month and year-over-year." pic.twitter.com/hXhRcZXtRY
— RNC Research (@RNCResearch) March 14, 2023
Once again, Biden was wrong about inflation.
Here is what Core CPI looks like, it has increased for three straight months. pic.twitter.com/IqLwaBQIym
— Jason Furman (@jasonfurman) March 14, 2023
In fact, according to Obama economist Jason Furman, the core consumer price index shows that inflation has “increased for three straight months.”
Needless to say, that’s the wrong direction. Now thanks to Biden’s inflation, our entire economy is under threat.