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By Joe Hoft, Gateway Pundit, October 20, 2022
“Bidenflation” continues to rise as the real cost of goods crushes American paychecks and savings.
Tipp Insights created a measurement of inflation that shows the increase in goods since Biden stepped into office. President Trump share this information in a statement today.
Below are pieces from the calculation into Bidenflation:
The Consumer Price Index (CPI) released by the government last Thursday showed an 8.2% year-over-year price increase from September 2021 to September 2022.
The CPI has edged down steadily from a 40-year high of 9.1% in June to 8.2% in September.
The official CPI does not tell the whole story of price increases under President Biden. Bidenflation, measured by the TIPP CPI using the same underlying data, stood at 12.8% in September. It was 12.6% in August and July and12.7% in June. …
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