Home Minority Chief Hakeem Jeffries took to the ground this week and claimed that costs are going up beneath Trump. This has been a favourite speaking level for Democrats during the last a number of weeks. They began saying this the moment that Trump was sworn in as president.
There’s an issue with that declare, nevertheless. Inflation simply dropped considerably for the primary time in months. Hakeem’s narrative simply went up in smoke.
Right here’s Jeffries making his claims:
WAKE UP CALL FOR HAKEEM JEFFRIES! pic.twitter.com/XLlxULBIBD
— Townhall.com (@townhallcom) April 10, 2025
And right here’s actuality, per CNBC:
Inflation price eases to 2.4% in March, decrease than anticipated; core at 4-year low
Client worth inflation eased greater than anticipated in March as President Donald Trump ready to launch tariffs towards U.S. buying and selling companions, the Bureau of Labor Statistics reported Thursday.
The patron worth index, a broad measure of products and companies prices throughout the U.S. economic system, fell a seasonally adjusted 0.1% in March, placing the 12-month inflation price at 2.4%, down from 2.8% in February.
Excluding meals and vitality, so-called core inflation ran at a 2.8% annual price, having elevated 0.1% for the month. That was the bottom price for core inflation since March 2021.
Wall Road had been in search of headline inflation of two.6% and core at 3%, in line with the Dow Jones consensus.
OOPS!
Even CNN was compelled to report the excellent news about inflation. Watch:
CNN: “Client costs month-over-month, so this was really a DROP of .1% — that is the primary time we have seen that since COVID. Yr-over-year, the annual inflation price was at 2.4%. This was additionally BETTER THAN EXPECTED and a 6-month low, transferring in the fitting course.” pic.twitter.com/Hwp7gawKl7
— Fast Response 47 (@RapidResponse47) April 10, 2025
Ouch Hakeem. That’s embarrassing. pic.twitter.com/tHIU7fyMQk
— MAZE (@mazemoore) April 10, 2025
There goes one other set of Democrat speaking factors. And because the economic system grows stronger, it’s going to get even more durable for Democrats. They could even run out of issues to complain about.
