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Podcast: Townhall Review | Commentaries
Episode: Jerry Bowyer: No Grounds for a Victory Lap on Inflation Numbers
Description: We just got the new inflation numbers and the Biden administration and enablers in the media claimed that inflation had dropped to zero. But it takes a lot of fuzzy math to get to that number. In reality, the new numbers showed that inflation for the last year was 8 1/2 percent. So, how do they get to zero? They look at only one month change. So, for a year prices went up 9 percent, then—for only one month—they didn't go up. That's how you turn 8 1/2 percent inflation into good news … or at least try to. We...