Thursday, December 18, 2025

Trump says inflation has stopped in last night's speech, but what stopped was their collection of the inflation data

 Do you remember when COVID hit and Trump said we should just stop testing to make it go away?

 
So fast forward to today where we get another chart crime, this one for the consumer price index which omits the month of October, and another dose of skepticism about the Trump Regime's honesty about government data.
 
They warned us they would do this, too, even though during the first Trump Regime they collected both the employment and the inflation data during the 2018-2019 government shutdown.
 
This is all deliberate obfuscation. 
 

... Because the October CPI was canceled, Thursday’s report did not have all the usual data points of a typical CPI release. The BLS said it was unable to retroactively collect the October data, but did use some “nonsurvey data sources” to make the index calculations.

Economists may be hesitant to read too much into this report as the start of a downward trend in inflation because of the lack of October comparison data in the release. ...

More here