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Sen. Ted Cruz throws down stop sticks and halts Karine Jean-Pierre's economic victory lap dead in its tracks

The Biden White House and Democrats (with some help from the media) have been spinning the latest inflation report with an insane amount of gaslighting. First, here’s where things stand:

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Inflation cooled in July as gas prices and airfares fell, a welcome reprieve for consumers and economic policymakers but not yet a conclusive sign that price increases are turning a corner.

The Consumer Price Index climbed 8.5 percent in the year through July, compared with 9.1 percent the prior month, a bigger slowdown than economists had projected. After stripping out food and fuel costs to get a sense of underlying price pressures, prices climbed by 5.9 percent through July, matching the previous reading.

And here’s how Biden and the Democrats are spinning that 8.5 percent CPI:

The only thing that’s “zero” in Biden’s statement is the percentage of a chance that what he said is actually true. They’ve redefined the definition of “recession” and now they’ve redefined the meaning of “zero.”

Biden press secretary Karine Jean-Pierre is among Democrats attempting to take a victory lap:

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Senator Ted Cruz is among those who aren’t buying the BS this administration (with the media’s help) are shoveling and brought Jean-Pierre’s economic victory lap to a premature end with a reality check:

Meanwhile, this administration would like everybody to believe what they say instead of their lying eyes, ears and bank accounts.

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Related:

Biden chief of staff Ron Klain having a retweet-a-palooza for BS ‘zero inflation’ claims

Media lapdogs’ insane spin on new inflation numbers is an outright slap in the faces of struggling Americans

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Editor’s Note:

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