From Robert Reich - former Secretary of Labor:
Trump promised to reduce prices, but prices continue to rise.
Blame Trump’s tariffs. [but of course he blames everyone else]
Prices for wholesalers rose at the fastest pace in three years in July, and those wholesale prices are now being passed on to retailers and consumers.
Food prices are rising especially quickly. The prices of vegetables skyrocketed 40 percent in July!
A recent Consumer Price Index report found electricity prices rising at DOUBLE the rate of inflation, increasing 5.5 percent over the past year!
HEADLINES today . . .
[the LIAR in the Oval] declared on Friday
that he’s “already solved inflation”
and that “costs are down.”
”We have almost no inflation anymore,” [the LYIN KING said]
in a Fox News interview.
But Consumer Price Index data released Thursday tells a different story!
Not only does the data show RISING inflation, but the pace of consumer price increases is accelerating! 
Consumer prices rose 0.4% in August from the month before, pushing the annual inflation rate to 2.9%, the highest since January, according to Bureau of Labor Statistics data released Thursday.
The acceleration comes as Trump has levied higher tariffs on practically everything the United States imports
Trump tariffs and the stepped-up immigration enforcement are both contributing to higher prices, many economists say, warning that the policies could push prices even higher unless the administration changes course.
E. Buchwald -
Recent employment and inflation data have led to mounting concerns of stagflation – when the economy slows significantly while inflation accelerates. 
inflation accelerating ? 
“Stagflation” is a portmanteau of stagnation and inflation,
and it’s a scary diagnosis for an any economy,
according to Harvard economics professor Jason Furman
The US economy under MAGA regime has come down with a case of early-onset stagflation
A. Morrow, New York —
Two key reports released Thursday showed the US economy may be in a state of early-onset stagflation — a toxic one-two punch of slow economic growth and rising prices.
That’s a particularly problematic combo because slow economic growth should, in normal times, drag prices down, not up!
Difficult for governments to handle stagflation. Raising interest rate can worsen unemployment while lowering rate can accelerate inflation. 1970s stagflation lasted years.
Established in 1995,
higher than estimates of 2.9%
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