Inflation rates show Biden is gaslighting Americans on the economy

Good news: Inflation eased a tiny bit in the latest Consumer Price Index numbers.

Bad news: Most other indicators suggest more trouble, not less, ahead.

CPI for April came in at 3.4% higher than a year ago — easing from March’s 3.5% spike.

But we’re still at levels well above what Federal Reserve chief Jerome Powell wants.

And the Producer Price Index for April saw a 0.5% rise, above economists’ 0.3% prediction — and PPI generally indicates where CPI is headed, since producers have little choice but to pass higher costs on to consumers.

Plus, Consumer Confidence in April was at its lowest level since July 2022, when inflation was at a blistering 8.5%.