{"id":1601116,"date":"2022-08-11T11:54:25","date_gmt":"2022-08-11T15:54:25","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1601116"},"modified":"2022-08-11T11:54:38","modified_gmt":"2022-08-11T15:54:38","slug":"vp-harris-touts-claims-of-0-inflation-in-july-despite-cpi-data-showing-inflation-dropped-to-8-5","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/vp-harris-touts-claims-of-0-inflation-in-july-despite-cpi-data-showing-inflation-dropped-to-8-5\/","title":{"rendered":"VP Harris touts claims of 0% inflation in July despite CPI data showing inflation dropped to 8.5%"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">34<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fvp-harris-touts-claims-of-0-inflation-in-july-despite-cpi-data-showing-inflation-dropped-to-8-5%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1601116&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2736718\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2736718\" class=\"size-full wp-image-2736718\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/08\/AP22222689158616.jpg\" alt=\"Vice President Kamala Harris speaks at a United Steelworkers convention Wednesday, Aug. 10, 2022, in Las Vegas. (AP Photo\/John Locher)\" width=\"2289\" height=\"1526\" \/><\/p>\n<p id=\"caption-attachment-2736718\" class=\"wp-caption-text\">Vice President Kamala Harris speaks at a United Steelworkers convention Wednesday, Aug. 10, 2022, in Las Vegas. (AP Photo\/John Locher)<\/p>\n<\/div>\n<h5><span>OAN Newsroom<br \/>Updated 8:45 AM PT \u2013 Thursday, August 11, 2022<\/span><\/h5>\n<p>Vice President Kamala Harris continued to downplay the current state of the economy while she was speaking at a steelworkers union event in Las Vegas on Wednesday. There, Harris touted the White House\u2019s claims of 0 percent inflation in July.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The data shows our economy had 0% inflation in July. We have more work to do, but <a href=\"https:\/\/twitter.com\/POTUS?ref_src=twsrc%5Etfw\">@POTUS<\/a> and I are clear: we&#8217;re building an economy that works for all Americans.<\/p>\n<p>\u2014 Vice President Kamala Harris (@VP) <a href=\"https:\/\/twitter.com\/VP\/status\/1557518731684741126?ref_src=twsrc%5Etfw\">August 11, 2022<\/a><\/p>\n<\/blockquote>\n<p>This claim made by the Biden administration has been scrutinized. Many have citied data from the Consumer Price Index. The data showed that inflation only dipped slightly to 8.5\u00a0 percent.<\/p>\n<blockquote>\n<p><strong>\u201cToday we learned that last month our economy had 0 percent inflation,\u201d Harris said. \u201cIn July, we saw a drop in gas prices and (in) a range of other goods like clothing and airfares, and household appliances, which means more money in the pockets of working families.\u201d<\/strong><\/p>\n<\/blockquote>\n<p>Harris also brought up the July jobs report, which suggested over half a million new jobs were created despite record high inflation.<\/p>\n<blockquote>\n<p><strong>\u201cCombined with other economic progress, which includes the fact that we have created over half a million jobs last month and over 9 million jobs in the last 18 months, which means that we have recovered all the jobs that were lost during the pandemic,\u201d the Vice President continued. \u201cWe are seeing great progress. Unemployment is now at 3.5 (percent), which is the lowest that unemployment has been in our country in half a century. So, we are seeing that we\u2019re delivering for the American people and we still have more to do.\u201d<\/strong><\/p>\n<\/blockquote>\n<p>Despite Harris\u2019s claim, economists pointed out that her statement was misleading as a large portion of the jobs that were created were part-time jobs. Economists highlighted that 71,000 fewer Americans are working full-time jobs. Additionally, they noted that the workforce participation dipped slightly.<\/p>\n<p>Harris concluded her speech by commenting on the recent signing of the CHIPS Act. The Act provides funding and tax credits to incentivize semiconductor chip production in the US. The Vice President implied that the jobs created by the large investment would primarily go to union workers.<\/p>\n<blockquote>\n<p><strong>\u201cThese investments will create millions of good paying jobs, including good union jobs, jobs,\u201d Harris noted. \u201cUnion jobs for workers who will forge the steel we need to produce wind turbines and solar panels, jobs for rubber workers, aluminum workers, glass workers who will make the parts that are needed for these millions of electric vehicles, and jobs for the auto workers who manufacture those vehicles.\u201d<\/strong><\/p>\n<\/blockquote>\n<p>In the meantime, the White House has put their full support behind the so-called Inflation Reduction Act, which is expected to pass through the House of Representatives this Friday.<\/p>\n<p>MORE NEWS: <a href=\"https:\/\/www.oann.com\/trump-reportedly-seeking-copy-of-search-warrant\/\">Trump Reportedly Seeking Copy Of Search Warrant<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vice President Kamala<\/p>\n","protected":false},"author":1209,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1601116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1601116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1209"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1601116"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1601116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1601116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1601116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1601116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}