Katie Pavlich reminds the White House of its spin on the economy from *Monday* as inflation hits 9.1%

Greg P. | 8:53 AM on July 13, 2022

The new inflation number is out and it’s AWFUL:

WASHINGTON (AP) — US inflation hit 9.1% over the past year, highest rate in 4 decades.

— Zeke Miller (@ZekeJMiller) July 13, 2022

What an understatement:

Bad news for the White House. https://t.co/UrSnWmQnKn

— Josh Kraushaar (@JoshKraushaar) July 13, 2022

And here’s Katie Pavlich with the reminder on how the White House was spinning the economy on ~ checks notes ~ Monday:

This was Monday. New inflation numbers today raged right past 9 percent. https://t.co/aEHCC0Cgv6

— Katie Pavlich (@KatiePavlich) July 13, 2022

This translates into “a 4% pay cut to Americans’ real wages”:

Consumer inflation spiking even faster in June (1.3%) than May (1.0%) to reach a whopping 9.1% in the last year. Accounting for 5.1% annual wage growth in June’s jobs report, Biden’s economy has delivered a 4% pay cut to Americans’ real wages.

— Spencer Brown (@itsSpencerBrown) July 13, 2022

A legit “siren” moment:

Inflation continues to hit hard:

Groceries: up 12% in past year –>Biggest annual increase since 1979

Chicken: Up 19% in past year–>Biggest increase ever

Gas up 60%–>Biggest since 1981

Electricity: Up 14% –>Biggest since 2006

Rent: Up 5.8% –>Biggest since 1986

— Heather Long (@byHeatherLong) July 13, 2022

And it’s the “highest rate in nearly 41 years”:

U.S. inflation reached 9.1% in June, its highest rate in nearly 41 years https://t.co/c5D9I05a59

— The Wall Street Journal (@WSJ) July 13, 2022

The number was “well above Wall Street expectations”:

BREAKING: US inflation rate accelerated in June to 9.1%, highest since late 1981 (well above Wall Street expectations) | #OOTT

— Javier Blas (@JavierBlas) July 13, 2022