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From: moviePig <nobody@nowhere.com>
Newsgroups: rec.arts.tv
Subject: Re: Let's go Brandon!
Date: Thu, 16 May 2024 17:53:44 -0400
Organization: A noiseless patient Spider
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Message-ID: <v25v99$1p9k8$2@dont-email.me>
References: <tb7a6k$57s$5@gioia.aioe.org> <v25mp9$1nota$1@dont-email.me>
 <atropos-BF1690.13182716052024@news.giganews.com>
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On 5/16/2024 4:18 PM, BTR1701 wrote:
> In article <v25mp9$1nota$1@dont-email.me>,
>   Ubiquitous <weberm@polaris.net> wrote:
> 
>> For the second time in a week, President Joe Biden made a false claim about
>> inflation-- and he did not get away with it as journalists and political
>> rivals called him out on it.
>>
>> Biden told Yahoo Finance in an interview on Tuesday that inflation was at 9%
>> when he became president back in January 2021.
>>
>> However, as fact-checkers pointed out when Biden made the same assertion
>> during a CNN town hall last week, inflation actually was at 1.4% when he
>> took office.
> 
> But Trump is the one who lies all the time. We should vote for Biden
> because he doesn't lie, they say.
>   
>> The latest gaffe by the president
> 
> It's not a gaffe. A gaffe is an unintentional mistake. This is an
> intentional bald-faced lie. And so is the media downplaying it as a mere
> gaffe. Biden is lying and the media is lying about his lies.
> 
> Biden's team knows what the inflation rate was when Biden took office
> and they're intentionally lying about it because they know that the
> grocery bill is something that Mr. & Mrs. Middle America are going to
> vote on.
"Inflation is a lagging economic indicator. It is reported after prices 
have already risen, which means the data it uses is historical."

    -  https://www.investopedia.com/terms/l/laggingindicator.asp