{"id":26085,"date":"2022-07-18T13:13:27","date_gmt":"2022-07-18T17:13:27","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=26085"},"modified":"2022-07-18T13:16:10","modified_gmt":"2022-07-18T17:16:10","slug":"image-of-the-day-putin-price-hike-no-a-biden-inflation-blowup","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/26085\/image-of-the-day-putin-price-hike-no-a-biden-inflation-blowup\/","title":{"rendered":"Image of the Day:  &#8220;Putin Price Hike?&#8221;  No, a Biden Inflation Blowup"},"content":{"rendered":"<p>While Joe Biden attempts to blame a shifting array of scapegoats for inflation, the simple numbers demonstrate the unmistakable truth.\u00a0 Consumer prices began skyrocketing upon Biden&#8217;s inauguration in January 2021, and wage gains plummeted toward an immediate deficit relative to inflation.\u00a0 During the Trump presidency, wages consistently exceeded inflation, only rarely even coming in even, let alone in negative territory.\u00a0 Economist <a href=\"https:\/\/mailchi.mp\/e086f54a95ac\/unleash-prosperity-hotline-866912?e=313568bbd7\">Stephen Moore<\/a> illustrates the reality unambiguously:<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone \" src=\"https:\/\/mcusercontent.com\/dc8d30edd7976d2ddf9c2bf96\/images\/8dcd4e07-1f25-a4e0-7925-c1d8e32f4872.jpg\" width=\"641\" height=\"421\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While Joe Biden attempts to blame a shifting array of scapegoats for inflation, the simple numbers demonstrate the unmistakable truth.\u00a0 Consumer prices began skyrocketing upon Biden&#8217;s inauguration in January 2021, and wage gains plummeted toward an immediate deficit relative to inflation.\u00a0 During the Trump presidency, wages consistently exceeded inflation, only rarely even coming in even, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[860,5180,19,500,4993],"class_list":["post-26085","post","type-post","status-publish","format-standard","hentry","category-posts","tag-biden","tag-consumer-price-index","tag-economy","tag-inflation","tag-trump-bump"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=26085"}],"version-history":[{"count":4,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26085\/revisions"}],"predecessor-version":[{"id":26089,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26085\/revisions\/26089"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=26085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=26085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=26085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}