In light of the latest inflation report, President Donald Trump emphasized his focus on resolving the issues that are pushing prices higher, thus easing the pressure on American households. 

But when the mainstream media got ahold of his comments, they conveniently twisted them to make it seem as if he wanted consumers to be saddled with higher prices.

House Speaker Mike Johnson (R-LA), however, was quick to defend Trump against the out-of-context reporting that has fueled misguided outrage online this week. 

Per The Hill:

“It was totally out of context. You know what he was talking about,” the GOP leader told CNN’s Manu Raju at the Capitol. 

Trump was asked by reporters during a signing ceremony in the Oval Office on Wednesday if he was concerned about the 0.5 percent spike in the consumer price index (CPI) in May alone. The CPI has risen by a total 4.2 percent in the last 12 months, according to data released by the Labor Department on Wednesday. 

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“No, I love it. The numbers were great,” the president responded.

Johnson, who was present at the White House signing ceremony, said the president is “laser-focused” on the U.S. economy. 

While there was plenty of leftist hand-wringing on social media over his out-of-context remarks, Trump also had plenty of defenders:

CBS News covered his remarks like this: 

“I think they’re going to want to make a deal, but we’re going to find out,” the president said of Iran. 

A reporter asked the president if he expects inflation to fall once the war is over. 

“When the war is over? It’s coming down. It’s going to come down like a rock,” he said. “And again, we’re taking out millions, which, I’m just announcing today for the first time, but we’ve been taking out millions of barrels of oil. Millions. Every night.” 

Despite the president’s recent comments that the price of gas will come down to pre-war prices, if not lower, federal government predictions disagree with him. The U.S. Energy Information Administration, which in January predicted retail gas in 2027 would be $2.95 on average per gallon, now predicts gas will average $3.64 in 2027. Gas was easily under $3 a gallon on average in January. 

Here’s what the president had to say about when Americans can expect inflation to the rate it was before the military action in Iran:

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This is a Guest Post from our friends over at WLTReport. View the original article here.

 

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