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

What an understatement:

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

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

A legit “siren” moment:

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

The number was “well above Wall Street expectations”:

How are they so bad at this?

Remember when President Biden said, “inflation was slowing”? Good times, good times:

Nope. NOT temporary:

***

Related:

Robert Reich either doesn’t know what causes inflation or is counting on the stupidity of the American people

Karine Jean-Pierre channels ‘The West Wing’ and Biden’s (secret?) plan to fight inflation

Biden assigns new blame for gas prices & inflation (hey, what happened to ‘Putin’s price hikes’?)

Biden spox lets us know upcoming inflation numbers will seem ‘highly elevated’ (but the economy’s great and the WH doesn’t pay attention to polls)