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Democratic Wins Reports Trump’s Tariffs Have Caused Inflation to Rise ‘Much More Than Expected’

Meme

The X account @DemocraticWins, which was born from the ashes of the ironically titled @BidensWins and then @KamalasWins accounts, has some breaking news from CNBC. They say that President Donald Trump's tariffs and handling of the economy have caused inflation to rise much higher than expected, to 3.1 percent.

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That's odd, because as we reported earlier, the journalists at CNN glumly had to report on the president's exceptional inflation numbers.

A proposed Community Note for the original post notes that "it was announced today that the CPI held steady at 2.7%. The claim that it is 3.1% is false and only applicable to core prices, which exclude gasoline and food prices." That must explain why CNN reported that prices were down at the grocery store.

CNN reports:

Consumer prices rose 0.2% in July, keeping the annual inflation rate at 2.7%, according to the latest Consumer Price Index data released Tuesday by the Bureau of Labor Statistics.

 Fox News reports:

The Bureau of Labor Statistics on Tuesday said that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – rose 0.2% in July compared with last month, while it was up 2.7% from a year ago. 

The monthly figure was in line with the estimate of economists polled by LSEG, while headline was slightly cooler than the 2.8% expected.

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So where do they get this 3.1 percent number?

Remember during the Biden administration when inflation hit 9.1 percent?

Per CNBC, huh?

@DemocraticWins has to be a parody account.

***

Editor’s Note: Thanks to President Trump’s leadership and bold policies, America’s economy is back on track.

Help us continue to report on the president’s economic successes and combat the lies of the Democrats. Join Twitchy VIP and use promo code FIGHT to get 60% off your membership.


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