SPECIAL REPORT: A Tale of Two Inflation Rates and the Media Spinmasters Who Cover Them

If you were paying attention, you would notice a glaring case of two logically incoherent media narratives at play. Specifically, skyrocketing inflation under Biden during a midterm election year was considered a “transitory” blip, but a more tempered inflation rate under Trump during another midterm election year, despite a major war, was cast as setting the economy on the precipice of a complete disaster. According to the U.S. Bureau of Labor Statistics, the five-month average annual rate of consumer price increases spanning the Iran War (March-July) averaged 3.6 percent. During the same period in 2022 under Joe Biden, with no...