Nina Turner may not understand how inflation works, but that's not stopping her from pretending she does

Nina Turner may not seem like the sharpest tool in the drawer, but that's only because she isn't.

Seriously, the progressive former Ohio State Senator and current Senior Fellow at the Institute for Race, Power, and Policy has a rather impressive track record of very bad takes (although, to be fair, she occasionally stumbles into a good one).

And today, she offered up another bad take. This particular one had to do with the U.S. economy. In case you missed it, the rate of inflation slowed last month:

BREAKING: Inflation tumbled to 3% in June, marking a 12th consecutive month of declines. https://t.co/u8F7RePgYa
— NBC News (@NBCNews) July 12, 2023

But consumer prices just aren't coming down:

More than two years into the current bout of inflation, the debate over its causes and the potential duration are ongoing — as well as the questions about how long it will take for monetary policy to rein it in.
“Neither consumers nor the Federal Reserve are popping the champagne just yet,” Mark Hamrick, senior economic analyst at Bankrate, said in a note Monday, adding: “Americans have put the worst of inflation behind, but the war hasn’t yet been won.”

For what it's worth, Nina Turner is quite certain as to what the problem is:

“Inflation is down, but why aren’t prices falling?!”

For the same reason that a reduction in the rate of spending increase isn’t a “spending cut.” It’s simply a slowdown in the rate of increase. Inflation would need to go negative to imply broad price cuts.
— stevemur (@stevemur) July 12, 2023

Because prices falling would be deflation not a lower rate of inflation.
— Jacob Bloom (@JacobBloom31) July 12, 2023

(Inflation is not down)
— Andrew Wagner (@andrewwagner) July 12, 2023

The rate of increase is down Professor Turner, but prices are still increasing, just at a slower rate.
— Max Murray (@MaxMurrayTweets) July 12, 2023

It didn’t decrease, it just increased by a lesser amount .
— Rob Parker (@robdubparker) July 12, 2023

Inflation isn’t down, genius. The rate at which it continues to go up is falling. Supposedly.
— SoothingDave (@SoothingDave) July 12, 2023

Supposedly Nina Turner knows things, but the rate at which evidence emerges to support that is increasingly negative.

Bless your heart; doesn’t know the difference between lower inflation and negative inflation
— Walton (@WaltonBuzzGT) July 12, 2023

Very surprised that you don't understand inflation.
— Damin Toell (@damintoell) July 12, 2023

Narrator: Damin was, in fact, not surprised.

Still convinced she's a parody account.

I refuse to believe anyone is this out of it.
— Kaya Nakata (@kaya_nakata) July 12, 2023

Nina is! And she's damn proud of it, too.

This is embarrassing, aren’t you embarrassed https://t.co/nPX04MAKjK
— Hadeeł (@TheRonSwanson93) July 12, 2023

Clearly not. Otherwise she wouldn't keep doing this kind of stuff.

Tell me you don’t understand economics without telling me you don’t understand economics. https://t.co/MdsGyzJyPV
— LONΞRGAN 🥃 (@gender_cult) July 12, 2023

It's OK, Nina. You don't have to tell us. We know. Good Lord, do we know.

On today's episode of the economically illiterate
— Gustave de Molinari (Nathan Cline) (@NathanMCline74) July 12, 2023

I still don't understand economics. -Nina Turner
— CodyDubz (@AdolphClitler) July 12, 2023

Take an economics class please.
— Ezra Haze (@EzraHaze) July 12, 2023

And if you're too short on time to do that, Nina:

Please! Just read 1 chapter. pic.twitter.com/CgpNJpCMsm
— Nathan Simons (@simonsnathank) July 12, 2023

It's only one chapter, Nina.

***

Nina Turner finds it 'sickening' that 'instead of taking care of our nation's children,' conservatives want to make it harder to kill our nation's children

Nina Turner: Conservatives will celebrate 'freedom' after taking away everyone's rights

***

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Nina Turner may not understand how inflation works, but that's not stopping her from pretending she does

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