Trump: Good news from inflation in June, America’s Golden Age

ON 18 JULY, UNITED STATES PRESIDENT TRUMP SAID THAT THE JUNE INFLATION DATA HAD GIVEN ENCOURAGING NEWS! THE MONTHLY RATE OF THE CPI HAS FALLEN THE MOST IN SIX YEARS. IN JUNE, CPI WAS BELOW THE FORECAST FOR EVERY ECONOMIST SURVEYED BY BLOOMBERG (67 IN TOTAL). PRICES OF PETROL, ELECTRICITY, AUTOMOBILE INSURANCE, HOTELS AND PRESCRIPTION DRUGS HAVE DECLINED IN ALL CATEGORIES. WITH STRONG WAGE GROWTH AND FALLING PRICES, REAL WAGES ROSE BY 0.8 PER CENT. AS INVESTMENT CONTINUES TO FLOW INTO THE UNITED STATES, FACTORY CONSTRUCTION EXPANDS RAPIDLY, MANUFACTURING EMPLOYMENT INCREASES AND PRICES CONTINUE TO FALL, THERE ARE TOO MANY PROUD PLACES — THE GOLDEN AGE OF AMERICA HAS ARRIVED