“Trumpflation”
Based on new inflation data, Senate Democratic Leader Chuck Schumer claims that “Americans woke this morning” to “an era of Trumpflation.”
IN FACT, the inflation data cited by Schumer are for February 2024 to January 2025 while Joe Biden was president for 97% of that time. Moreover, the data show a trend of escalating inflation over the last three months of the Biden administration:
