Great News for Thursday, June 8, 2023
🗽There is no greater power than a community discovering the truth and working together to make sure an injustice is not repeated
🗽A well informed citizenry is the best defense against tyranny. - Thomas Jefferson
🗽There is no greater power than a community discovering the truth and working together to make sure an injustice is not repeated.
America is making progress fighting inflation—which is good news for hardworking families.
America is making progress fighting inflation—which is good news for hardworking families.
Today, we learned annual producer inflation is below pre-pandemic levels at 1.1%.
In fact, producer prices actually fell last month—led by falling energy and food prices.
Yesterday, we learned annual consumer inflation has fallen by more than half over the last 11 months.
Wages rose over the last year—accounting for inflation.
The President is lowering costs for families and investing in America to build the economy from the middle out and the bottom up.
Taking on Big Pharma to lower prescription drug costs and cap insulin at $35 a month.
Investing in clean energy to lower energy bills.
More than 13 million jobs created and unemployment under 4% for 16 months.
Spurring investments in manufacturing and clean energy—with more than $470 billion in private sector investments.
House Republicans have a different, trickle-down approach that would:
Give handouts to rich special interests and big corporations that would increase the debt by hundreds of billions.
Just weeks after they demanded devastating cuts to programs hard-working Americans count on—from health care to education to Meals on Wheels.
While repealing investments that are fueling our manufacturing resurgence, creating jobs, and lowering energy costs for working families.
News Headlines
CNBC: Inflation rose at a 4% annual rate in May, the lowest in 2 years
USA Today: Inflation cools again as CPI data shows grocery prices fell, food cost eased; live updates
New York Times: Inflation Continues to Cool, Offering Relief to Consumers
CBS: Inflation grew at 4% rate in May, its slowest pace in two years
Wall Street Journal: CPI Report Shows Inflation Has Been Cut in Half From Last Year’s Peak
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