Despite months of Democrat and corporate media insistence that inflation is \u201ccooling,\u201d<\/a> prices jumped another 3.4 percent<\/a> in December.<\/p>\n

Americans not only\u2064 paid more for goods at the end of 2023 than they did the year prior, the Bureau of\u2063 Labor \u200dStatistics\u2019 Consumer Price\u2064 Index<\/a> found, but they also saw a 0.3 percent spike\u200b in prices over the previous\u2062 month. The biggest bump in expenses occurred with necessities like shelter (6.2 percent), electricity \u200b(3.3 percent), and food (2.7 percent),\u200d and far surpassed the \u200bFederal Reserve\u2019s target\u2064 inflation rate of just \u20632 percent in December.<\/p>\n

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The hike in prices is bound to\u200d exacerbate\u2064 voters\u2019 \u200bpessimistic views of the economy<\/a> and the future of the nation<\/a>. The record-high\u200d inflation Americans have\u2063 experienced \u2063under President Joe Biden will likely \u2062also affect the 2024 election, since concern about\u2062 the economy reigns supreme among voters\u2019\u2064 priorities. <\/p>\n

The White House is not blind to\u200c the money worry gripping the nation. That\u2019s why it is scrambling to spin a \u2062third year of price spikes in\u200b its favor. Biden insisted<\/a> the most recent CPI report suggests inflation is \u201cdown by nearly two-thirds from its peak\u201d and \u201cat its lowest\u200b level since \u2063May 2021.\u201d Both are deceptive, wordsmithed claims that ignore just how far \u2064prices have climbed since 2020<\/a> \u2014 approximately 20 percent.<\/p>\n

National Economic Council Director Lael \u200bBrainard repeated the \u201ctwo-thirds\u201d talking point\u2063 from the White House press podium on Thursday. Shortly after she promised \u201cencouraging news today on inflation,\u201d Brainard told\u2062 the press \u201cprices have\u2062 come down for\u2063 some key household items.\u201d<\/p>\n

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The White House continues to gaslight Americans\u200b on\u2062 inflation:<\/p>\n
“We received\u2063 encouraging news today on inflation.” <\/p>\n
The news:
https:\/\/t.co\/HOQb2L5TYz<\/a>
@itsSpencerBrown<\/a> pic.twitter.com\/naNkfOo4RH<\/a><\/p>\n
\u2014 Townhall.com (@townhallcom) January 11, 2024<\/a><\/p><\/blockquote>\n