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WG Economy: Did The Latest Inflation

Report Have Any Impact?

WG Economy | David Winston

June 19, 2024

Last week's inflation report showed year-over-year CPI of 3.3%, a very
slight improvement of 3.4% the previous month. Wall Street interpreted this
outcome as good news because inflation wasn't going in the wrong direction.
But the new numbers put the cumulative rate of inflation since the
beginning of President Bident's term over the 20% mark (20.1%).

As the presidential election draws closer, the Biden team is searching for
any signs of good news in the economy. But the question is - even when good
economic news occurs, will it happen in time to have any impact for the
President?

Our latest survey for Winning the Issues (June 14-16), done right after the
June 12 release, shows hardly any impact of the new CPI report.

[2]Read more

WG Discussion Points: Biden Presidential

Inflation Rate Tops 20%

WG Discussion Points | David Winston

June 14, 2024

President Biden's Presidential Inflation Rate (PIR) ticked up to 20.1%,
passing the 20% mark for the first time in his presidency. This means
consumer prices have increased by over 20% since Biden's inaugural month.
Note that in the month after the American Rescue Plan was signed into law
in March 2021, year-over-year inflation jumped to 4.2%, and then in May hit
5.0%, and did not drop below that mark until April 2023.



[3]Read more

On Wednesday, Chairman Avella and Third Way Co-Founder Matt Bennett, joined
Fox News Channel's Harris Faulkner on the Faulkner Focus to discuss
President Biden rapidly losing support among key voting blocks, and even
those within his own party.

Watch it here:

[4]video

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References

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2. [link removed] Economy, June 19 2024.pdf
3. [link removed] Discussion Points, June 14, 2024.pdf
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