The government report on inflation has been released, and it’s not good. Inflation hit 4.2% in April, a crushing blow to the poor and middle class especially. This followed on the heels of stagnating hiring shown by last week’s jobs report (see New Jobs Report Is the Worst Miss in History as Biden Administration Failures Mount). //

Remember, the consumer price index doesn’t even include things like lumber so this number is likely lower than reality despite still showing an out-of-control rise. That rise is directly timed with Biden passing his COVID “relief” act that printed trillions of largely unnecessary dollars. //

This is the result of Democrat economic policies. We tried to warn the cocktail-sipping establishment class that thought Trump was too icky. Policies have consequences, and they matter a lot more than mean tweets and disagreements about rhetoric. Real people are now getting smoked while Joe Biden is nowhere to be found (see We Don’t Have a President).

Of course, you can expect the media to spin this.

Paul Krugman
@paulkrugman
So, the inflation report wasn't a nothingburger, but it was sort of a White Castle slider — not a very big deal. //

These people live in a bubble, and they aren’t going to leave it. They truly believe you don’t matter. Vote accordingly.