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

newsbusters.org · 4h · first reportShare

SPECIAL REPORT: A Tale of Two Inflation Rates and the Media Spinmasters Who Cover Them Consider this scenario: You’re a news junkie who had been watching the media’s coverage of the inflationary bomb America suffered under President Joe Biden’s administration in 2022 and the comparatively much cooler inflation caused by the Iran War under President Trump’s second year in office. MRC 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. Let us explain. MRC Business worked with CNS News to calculate the five month average annual rate of consumer price increases spanning the totality of the Iran War (March-July) using the Bureau of Labor St