The Associated Press Gaslights Struggling Americans, Claims Lower Prices Would Actually Be a Bad Thing
The Associated Press (AP) is running cover for the rampant inflation experienced under Joe Biden by claiming that falling prices would actually be a bad thing.
In an article by the AP’s economics writer Paul Wiseman, he makes the case that lower prices would be worse for the economy as it is a sign of deflation:
Wouldn’t it be great if prices actually fell — what economists call deflation? Who wouldn’t want to fire up a time machine and return to the days before the economy rocketed out of the pandemic recession and sent prices soaring?
At least prices are now rising more slowly — what’s called disinflation. On Friday, for example, the government said a key price gauge rose 0.3% in February,
