Topic: inflation
Trump’s claims that oil was higher under Biden and prices are falling don’t hold
Brent closed at $109.51 on Sept 9. Oil beat that on 72 of Biden’s 1,011 trading days. Core prices, energy already excluded, are up 1.83 percent since January.
Groceries Since 2020: The Real Number Is 32%, Not 130%
A viral post says a grocery basket more than doubled since 2020. Federal data says food at home rose 32%. Both that claim and the 3% figure it attacks are wrong, in opposite directions.
Trump’s June CPI Post: Five Claims Checked
Two claims are True (largest monthly drop since April 2020; all 67 Bloomberg economists missed) and three are Misleading: ‘across the board’ ignores food and shelter rises, the 0.8% real wage gain…
Fact-Checking ‘Trump’s Biggest Failure’: The Op-Ed vs. the Data
A Common Dreams column calls Trump the biggest failure in recent presidential history. Its sourced numbers mostly hold; ‘hyperinflation’ and ‘tanked the economy’ do not.
Recession Scorecard: Fact-Checking the Economic Divergence
Most consumer and household indicators show significant stress while the stock market hits record highs, but ‘every single indicator’ overstates the case.