Wednesday, May 13, 2026

Trump economy: Rate of inflation in April 2026 is higher than any reported in the last 18 months of Biden administration

 
Top headline:  MS Now, 2/25/2025
Bottom headline and graph:  The Guardian, 5/12/2026 (highlight added)

Gaya Gupta reports:
US inflation jumped to 3.8% in April as the war in the Middle East continued to drive energy prices and everyday costs for Americans. 
Prices rose 3.8% over the last year, according to the data from the Bureau of Labor Statistics, the highest jump since 2023. 
This is the second official measure of the consumer price index, which measures the price of a basket of goods and services, since the start of the war with Iran. In March, prices rose 3.3%, up from 2.4% in February.
Donnie wants to take you for a ride in his beautiful inflation balloon.


"Up Up and Away" by the Fifth Dimension debuted at #83 on the Billboard Hot 100 for the week ending June 3, 1967.  It spent 12 weeks on the chart, peaking at #7 for 3 weeks in July.

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