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Video & Multimedia

TexasTowelie

(112,345 posts) Wed Aug 10, 2022, 07:30 PM Aug 2022

4

Biden Says Economic Plan Is Working As July's CPI Shows Decrease In Inflation - MSNBC Reports

President Joe Biden said signs of inflation are beginning to moderate based on the recent data of July's Consumer Price Index and jobs report. The president stressed the current approach to curbing inflation was working and that Congress must pass the Inflation Reduction Act.

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Biden Says Economic Plan Is Working As July's CPI Shows Decrease In Inflation - MSNBC Reports (Original Post) TexasTowelie Aug 2022 OP

Why did he say that that inflation was zero for the month? MichMan Aug 2022 #1

0 meaning cost didn't rise further then it did last month DemocracyWins202 Aug 2022 #2

He should have said the rate didn't go up compared to the prior month then MichMan Aug 2022 #3

MichMan

(11,958 posts)

1. Why did he say that that inflation was zero for the month?

Reply to TexasTowelie (Original post)

Wed Aug 10, 2022, 07:58 PM

Aug 2022

I saw an earlier report that said it was 8.5% for the month of July. Was that wrong and did it really drop to zero?

That would be huge

DemocracyWins202

(34 posts)

2. 0 meaning cost didn't rise further then it did last month

Reply to MichMan (Reply #1)

Wed Aug 10, 2022, 08:48 PM

Aug 2022

MichMan

(11,958 posts)

3. He should have said the rate didn't go up compared to the prior month then

Reply to DemocracyWins202 (Reply #2)

Thu Aug 11, 2022, 09:58 AM

Aug 2022

Not that inflation for July was 0%

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