White House Press Secretary Karine Jean-Pierre on Tuesday continued to lie about the economy.
Inflation rose 0.5% in January, ‘more than expected.’
The CPI is up 6.4% from a year ago.
Household budgets are strained and stressed.
“Rising prices meant a loss in real pay for workers. Average hourly earnings fell 0.2% for the month and were down 1.8% from a year ago, according to a separate BLS report that adjusts wages for inflation.” CNBC reported.
“While price increases had been abating in recent months, January’s data shows inflation is still a force in a U.S. economy in danger of slipping into recession this year.” CNBC said.
A reporter confronted Karine Jean-Pierre about the decline in real wages.
“Numbers came out today that show a monthly decline in real wages… How do you view this setback?” a reporter asked KJP.
“What we have said many times is we believe the president’s economic plan is indeed working,” KJP said.
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