Sponsored Content

Intermarkets' Privacy Policy

Donate to Ace of Spades HQ!

Recent Entries
Absent Friends
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info
Cutting The Cord And Email Security
Moron Meet-Ups

Insiders: Jeffrey Toobin Was Yanked Out of CNN's Lineup Like Jeffrey Toobin's Shriveled Shrimpdick During a Conference Call | Main | Quick Hits
August 16, 2022

Biden Signs "Inflation Reduction Act" While Media Lies To Cover For Him

Last week Biden claimed that an 8.5% monthly inflation rate was a 0% inflation rate, just because it hadn't increased from the previous month's 8.5% inflation rate.

This makes as much sense as doing 115 mph on the highway and when the cop pulls you over, saying, "Officer, I wasn't speeding. I did not increase my speed all through that straightaway. Therefore my net speed was zero miles per hour."

Change in the rate of speed is not speed; it is acceleration.

And "No net change in inflation" does not mean there's a zero percent rate of inflation. It means it did not change from its high rate. Biden can claim, for a month, there was no acceleration in the ever-increasing price of goods and services on his watch, but not that there was no change in prices.

There was a change. 8.5% of a change, in fact.

Biden lied, and the media carried water for him.

But they're truth tellers!

As Joe Concha reports, they skipped the whole "fact-checking" aspect of their corrupt grifter business, despite this being one of the major stories of last week.

"I just want to say a number: zero. Today, we received news that our economy had zero inflation in the month of July. Zero percent. Here's what that means: While the price of some things go up -- went up last month, the price of other things went down by the same amount. The result? Zero inflation last month."

That was President Biden speaking to the country Wednesday. His administration has attempted to redefine what infrastructure means (it's not only about improving roads, bridges and power grids but also about paid family leave and child care) and what a recession means (it's not two straight quarters of negative gross domestic product growth anymore). But it just moved into the lead to win the "Lie of the Year" award with the claim that the U.S. economy is experiencing zero inflation.

The facts: Inflation still stands near a 40-year high and came in at 8.5 percent in July.

"Prices have risen across a wide range of goods and services, leaving most Americans worse off," The Associated Press reported this week. "Average paychecks are rising faster than they have in decades -- but not fast enough to keep up with accelerating costs for such items as food, rent, autos and medical services."

In other words, the money coming into the average household still isn't keeping up with the cost of everyday items. But the president and this administration decided to turn the most basic economic norms on their head for cheap political gain by arguing that since the inflation rate fell by six-tenths of a percentage point to 8.5 percent in July compared to the same month of last year, that somehow means zero percent.

As a fun game to play on a summer weekend, imagine what would have happened if the previous president attempted to spin numbers with alternative facts in this fashion. The U.S. media would have screamed about the need for transparency and truth, and the fact checks and scathing editorials would commence. Yet that didn't happen here with his successor.

A check of Politifact shows that the site has not conducted a fact check of the president's zero inflation claim since he made it five days ago. It has fact-checked former President Trump and Florida Gov. Ron DeSantis (R) on three occasions this month, however.

Fact-checker Snopes also has not fact-checked Biden's zero inflation claim. And as for FactCheck.org, same result: Crickets on the president's economic argument.

How about The New York Times? Surely at least one columnist has put pen to paper to hold the Biden administration accountable on the issue that ranks as Americans' top concern.

Biden just signed the bill he also lies about, calling it an "Inflation Reduction Act," even though analysts say it will not reduce inflation.

I'm just listening now. He comes on around 48:00. He is slurring his words, dropping consonants like they're Jeffrey Toobin contracts, and doing that alternating YELLING LIKE A RACIST OLD MAN WHO THINKS THE JAMAICAN NURSE STOLE HIS PILLS and harsh pervy whispering like Aqualung offering his hot crusty bumpy lap to Ashley.

And I have to stress, he is randomly YELLING things. He is just YELLING random words withOUT regard to whether they HAVE any particular RELEVANCE or impact to THE message.

It is obvious THAT -- THAT! -- he does not UNDERstand the words on the telePROMPter that he is seeING for the FIRST time SO he does not KNOW what is imporTANT and what IS not, FOLKS, FOLKS, I'm serious, his mind is tunafish with too much mayoNAISE!!! It's too squishy wet and SLOPPY!!!

digg this
posted by Ace at 04:11 PM

| Access Comments

Recent Comments
Lizzy[/i]: ">>[i]They can't STAND knowing America's changing d ..."

Bulgaroctonus: "It's worth remembering that Mussolini had a big fa ..."

Puddinhead: "Where do you find Gopher wood these days ? ------ ..."

Archer: "I've said this before, but my family had various r ..."

Smell the Glove: "@341 if Rohm had won the present west would love h ..."

naturalfake: "[i]Old windows: https://tinyurl.com/2dhxbpct New ..."

Aetius451AD Work Laptop: "The gladius rules; the spatha drools! Posted by: ..."

Cole Porter: "[i]It's worth remembering that Mussolini had a big ..."

BEN ROETHLISBERGER[/i]: ">>How long before some [b]white supremacist shoots ..."

Intercepted DU Transmissions brought by the Intrepid AoS Liaison: "I don't think the Confederate ones do, either. Or ..."

Hadrian the Seventh: " [i]Isn't the National Cathedral Episcopal? All y ..."

Truck Monkey Report: "Football was becoming unwatchable even before all ..."

Recent Entries

Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64