The Smithereens

Kudlow unloads the numbers and the inflation smear machine goes up in smoke. - LAWRENCE KUDLOW

• Kudlow blows apart the fake inflation narrative, using hard data to expose what the headlines missed.

Part I — The Facts on Prices and Wages
Here’s just a couple of numbers. Mr. Trump has been in office for eight months of consumer price index reports.

• Grocery prices have risen at a 2.1 percent annual rate. That’s all...
• When Mr. Biden was president, grocery prices increased 5.4 percent per year at an annual rate. Cumulatively, they increased 23 percent.
• As for Mr. Trump’s eight months? His cumulative grocery price jump is 1.4 percent.

Meanwhile, already typical family wages for working folks have increased more than 4 percent...