By The FirstMembers of the mainstream media desperately tried to spin Wednesday’s brutal inflation report to protect Joe Biden’s economic agenda, with outlets like Bloomberg, the Washington Post, and Reuters basically claiming it’s ‘No Big Deal’ price indexes rose at the fastest rate since 2008.
“So, the inflation report wasn’t a nothingburger, but it was sort of a White Castle slider — not a very big deal,” posted economist Paul Krugman.
The Consumer Price Index rose more than 4% in April, raising prices on everything from gasoline to groceries.
Breaking story. Check back often.
