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Biden made an Inflation Reduction Act admission (at Dem fundraiser) that WON'T surprise you

Artist Angie

The July inflation report was released this week and it confirmed that, yes indeed, "Bidenomics" still sucks:

Consumer prices showed a faster year-over-year increase in July compared to the previous month's annual gain, according to the latest data from the Bureau of Labor Statistics released Thursday morning.

The Consumer Price Index (CPI) rose 3.2% in July over the prior year, a slight acceleration from June's 3% annual increase. Prices were up 0.2% in July from the previous month, in line with June's 0.2% month-over-month increase.

Both measures were roughly in line with economist forecasts, according to data from Bloomberg.

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However, the fact that prices continue to go up didn't prevent the Biden White House from trying to spike that ball by reminding everybody that, outside of the things they need to live such as food and gas/electricity, things are looking better than they were about 22 months ago when Biden was also in charge:

If the Biden White House was being completely honest (as if) they would look at it this way:

This brings us to something that President Biden has been quoted as saying at a Dem fundraiser this week, and it won't surprise you but at least it's refreshing to hear Biden admitting that he lied:

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Yes, we've noticed that if anything the "Inflation Reduction Act" worsened inflation.

And there are many who just keep believing the repeated BS.

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Related:

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