House Minority Leader Hakeem Jeffries took to the floor this past week and claimed that inflation is going up under Trump. This has become a favorite talking point for Democrats over the last several weeks. The problem? The Bureau of Labor and Statistics (BLS) released the Consumer Price Index for March, reflecting a drop in the year-over-year inflation rate to the lowest level in four years.
It is amazing how often Jeffries puts his foot in his mouth. The man is either incredibly ignorant or believes that whatever he says regardless of how ridiculous it might be will be swallowed by the public. Any video of a speech by this “leader of the Left” should have a content warning sign.
For anyone who followed economics during PDJT’s first term, this should not be a surprise. This administration’s policies drop the rate of inflation and this will result in actual lower prices as lower energy prices begin to work their way through the economy.
This is what happened in 2017 and it continued until COVID hit.
Please note that consumer prices actually declined from February to March by 0.1%. And CNN actually reported it.
So not only has inflation decreased but there was an actual decline in consumer prices. And Jeffries was lying to the public reporting an increase in prices and inflation.
Even egg prices are coming back down.
The only thing that the Democrats have going for them right now is that they have unleashed the brown shirts to frighten the public. Violence against people who do not bow down and kiss the Dems’ jackboots is on the rise. And this fool does nothing to stop this.