White House Press Secretary Jen Psaki on Wednesday claimed numbers measuring inflation have gone down month-to-month.
Psaki actually said this with a straight face.
Fox Business reporter Edward Lawrence asked Psaki about Thursday’s “inflation number that’s expected to be pretty big….and expected to rise from the 7.5% month-over-month.”
“What specifically has the administration done…to bring down inflation,” Edward Lawrence asked Psaki.
“We expect to see a high headline — headline inflation in tomorrow’s February inflation data…We’ve seen the price of gas increase…75 cents since the beginning of the year as Putin built up his military near Ukraine,” Psaki said.
Edward Lawrence pressed Psaki after she delivered a word salad: “What has worked? What specifically can you point to that has worked to bring down inflation?”
Psaki responded: “Well, there are a number of steps taken. If you compare month-to-month we’ve seen inflationary numbers go down month-to-month.”
WATCH:
Psaki to FBN's @EdwardLawrence on inflation number tomorrow: "We expect to see a high headline — headline inflation in tomorrow's inflation date…We've seen the price of gas increase…75 cents since the beginning of the year as Putin built up his military." pic.twitter.com/EsEHP5SUg0
— Curtis Houck (@CurtisHouck) March 9, 2022
CNBC’s Rick Santelli breaks down why Psaki’s numbers are inaccurate.
“So anybody who’s looking at the month-over-month and year-over-year making comments that ‘well the rate of change is slowing down, these numbers are coming down’ – not accurate,” Santelli said.
WATCH:
CNBC's Rick Santelli on the latest inflation numbers: "so anybody who's looking at the month-over-month and year-over-year making comments that 'well the rate of change is slowing down, these numbers are coming down' – not accurate."pic.twitter.com/JjzrjmHB8U
— RNC Research (@RNCResearch) March 9, 2022
