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We live in the Information Era. Don't let MSNBC, CNN, CBS, or career politicians curtail & limit your access to statistical information. |
At least PBS didn't hyper-exaggerate a price-related statistic, turning into a sure sign of the "End of the World as We Know It." PBS simply omitted the facts that will give you a more descriptive understanding of today's state of pricing.
This can relieve the fears of those who have little experience and even less education in finance & economics. This can relieve the fears of those who believed the horror stories told by proven liars Kamala Harris and the white-hating black racist recently fired from MSNBC.
This can deflect an inexperienced mind from being fooled by arrogant politicians who regularly commit calumny & incitement against an individual who was so kind that he lent his jetliner to the family of a severely young lad in desperate need of specialized medical treatment.
Now CBS, on the other hand, used one June 2025 stat and made it sound as if no one is going to have any clothes to wear next year without remortgaging a home or two.
Liars hide from statistics and those whom they defame
To start, the US Bureau of Labor Statistics reported that, in June of 2025, the CPI-U ... also known as the Consumer Price Index for All Urban Consumers ... rose 0.3%. This is the Inflation Rate.
At this point, keep in mind that, throughout June 2025, the rate of Real Wage Growth grew by 0.3%. This is a good thing that CBS and others should be reporting. That Wage Rate growth of 0.3% compensates for the Inflation Rate rise of 0.3%.
Concerning the "Year-Over-Year" inflation rate ... (of the inflation rate for the past 12 consecutive months) ... it sat at 2.7% at the end of June 2025. Now, June 2024 to January 20th, 2025 were Biden's months. February 2025 to the end of June 2025 were Trump's months. So, you can neither condemn nor praise Trump for the June 2025 Year-Over-Year inflation rate.
In fact, all of these matters also involve the personnel at the United States Dept of Treasury. In charge of America is the Trump ADMINISTRATION; not merely Donald Trump alone. It's simply that, in Donald's second term, he chose cabinet members and agency managers whom he knows will not betray him. Thus, if you have questions or vehement comments about the present economic policy of the United States, ask the pertinent Treasury Dept manager for an interview and show the interview to the public without deceptive editing.
Come to think of it, Donald should have Scott Bessent produce or direct or star in educational economics videos for Americans who are novices at economics and accounting. This includes the topic of tariffs.
CBS doesn't quit its pea and shell games
Now, CBS had a very deceptive report which included the correct June 2025 inflation rate for "Apparel." It was a 0.4% rise for the average price of clothing. It sounded bad. But, CBS omitted a lot of needed and readily available information which wouldn't make it sound all that doomful.
For example, in May of 2025 the average cost of clothing DECREASED by 0.4%. In April of 2025, it DECREASED by 0.2%. And in February, the average price for clothing in America DECREASED by 1.4%. Therefore, in the Year-Over-Year inflation rate, the price of clothing between June 2024 and June 2025 DECREASED by 0.5%.
In continuing, in February of 2025, the average cost of clothing ... aka apparel ... rose by 0.6%. Then, in March of 2025, the average cost of apparel rose an additional 0.4%. Yet, the world did not come to an end, as MSNBC and Rachel Maddow would want you to believe.
Being that the Mainstream Media is trying to make the June inflation rate look like it's ushering the End of the World, let's review the year-over-year inflation rates under Biden.
We can start with June 2024. It was 3.0%, higher than Donald's y-o-y rate this past June. In June of 2023, the y-o-y inflation rate for Bidenwas also 3.0%. In June of 2022, the y-o-y inflation rate then reached 9.1%. It was the highest inflation rate, since 1981.
Also under Biden, beginning with his second year in office, the y-o-y inflation rate ranged from 2.4% to 3.0% to 3.5% to 4.2% to 4.9% to 7.5% to 7.9% to 8.3% to 8.5% to 8.6% to 9.1%.
In contrast, concerning Donald Trump's first term of 48 months ... from January 2017 to December 2020 ... the y-o-y inflation rate ranged from 0.1% to 0.3% to 0.6% to 1.5% to 1.8% to 2.0% to 2.2% to 2.6% and to 2.9%.
Moreover, the years of prolonged double-digit inflation in America included 1981, 1980, 1979, 1975, 1974, 1947, 1942, 1932, 1920, 1919, 1918, and 1917. The worst year was 1920.
Plus, the lowest inflation years were: 1914, 1915, 1921, 1922, 1927, 1928, 1929, 1930, 1931, 1932, 1933, 1936, 1939, 1940, 1955, 1959, 1960, 1961, 1962, 1963, 1964, 1998, 2002, 2009, 2015, 2016, and 2019. Here, look for yourself:
https://www.usinflationcalculator.com/inflation/historical-inflation-rates/
Also in 2025, the y-o-y inflation rate was 2.8% (in February.) Now, that was higher than the June 2025 report. Yet, the beginning of the End of the World didn't commence. Perhaps someone out there can begin to realize that today's media starts with its desired conclusion and then tries to form stats around the desired conclusion which happens to amount to deliberate deception.
War causes price hikes, too.
Heightened degrees of warfare in any one month causes price increases, too. Well, there was more than one war transpiring in June of 2025 which directly affected the United States. However, the media only put the spotlight on tariffs as the guaranteed cause of the rise in the CPI-U and the eventual End of the World.
Well, if you want to understand tariff economics, study McKinley's first term which began in March of 1897. In fact, look-up the 1897 Dingley Act.
The June 2024 to June 2025 Natural Gas Price Hike ... after Biden's automated pen banned export permits for Liquid Natural Gas, starting on January 23, 2024.
You need to look at the whole picture, and NOT only at what CBS wants to show you. The highest price hike in the past year was "Utility (piped) Gas Service." It rose 14.2% between June of 2024 and June of 2025.
However, as far as went June 2025 under Donald Trump, Utility Gas Service only rose 0.5% for that one month. Moreover, in May of 2025, Utility Gas Service DECREASED by 1.0%. Thus, it doesn't sound all that end-of-the-worldish. The US Bureau of Labor Statistics has the stats on the June 2025 CPI and other months in detail. Those stats are worth reviewing.
Now remember, I once conveyed to whomever reads the Blue Marble Album the legitimate sources for true economic data. One source that I mentioned was "FRED," in St. Louis. That is the Federal Reserve Economic Data Center which is under the auspices of the St. Louis Federal Reserve Bank. Another source mentioned by yours truly was the BEA ... the Bureau of Economics Analysis.
Well, another good source is the US Bureau of Labor Statistics. In fact, you can go there now, simply by clicking on the link below ... at the end of this post. The exact page to where the link is directed is the one which explains the June 2025 Consumer Price Index statistics.
Some Prices Actually Did Go Down
When it comes to Energy & Fuel, the prices involving those types of products & services definitely have decreased. The price of New Vehicles, as well as Used Cars & Trucks, has definitely decreased. With apparel, prices have been a minor overall decrease on a monthly see-saw basis. But, Biden-Era prices are mostly still with us, and that level of price was and remains unacceptable. Everything about the Biden Administration was unacceptable.
You are not going to learn what you need to know from MSNBC or CNN or CBS. This is because they won't teach it. They do not want to report the news. They only want to manipulate your mind and make you a puppet who dances whichever way their commentators tell you to dance.
We live in the push-button era. If you push the right button, information unfolds itself before you and scrolls-out to you ... on a screen, of course. Prevent yourself from being deceived by the modern version of Big Brother which happens to be the mainstream media. Stay away from the indoctrinators ... from the brainwashers. Assert your liberty ... your right to know.