Home Minority Chief Hakeem Jeffries took to the ground this week and claimed that costs are going up below Trump. This has been a favourite speaking level for Democrats over the past 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 charge eases to 2.4% in March, decrease than anticipated; core at 4-year low
Shopper value inflation eased greater than anticipated in March as President Donald Trump ready to launch tariffs in opposition to U.S. buying and selling companions, the Bureau of Labor Statistics reported Thursday.
The patron value index, a broad measure of products and providers prices throughout the U.S. financial system, fell a seasonally adjusted 0.1% in March, placing the 12-month inflation charge at 2.4%, down from 2.8% in February.
Excluding meals and power, so-called core inflation ran at a 2.8% annual charge, having elevated 0.1% for the month. That was the bottom charge for core inflation since March 2021.
Wall Avenue had been searching for headline inflation of two.6% and core at 3%, in response to the Dow Jones consensus.
OOPS!
Even CNN was compelled to report the excellent news about inflation. Watch:
CNN: “Shopper costs month-over-month, so this was truly a DROP of .1% — that is the primary time we have seen that since COVID. Yr-over-year, the annual inflation charge was at 2.4%. This was additionally BETTER THAN EXPECTED and a 6-month low, transferring in the fitting course.” pic.twitter.com/Hwp7gawKl7
— Speedy 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 financial system grows stronger, it’ll get even more durable for Democrats. They may even run out of issues to complain about.
