The latest Consumer Price Index (CPI) data for April
landed like a lead balloon in the CNN newsroom
It showed the food-at-home index dipping by a significant 0.4% – the sharpest monthly decline in nearly five years, since September 2020 to be exact. And the star of this particular show? Eggs. Those breakfast staples saw their prices plummet by a whopping 12.7% in a single month, the biggest one-month plunge since 1984!Suddenly, the confident pronouncements from CNN started to sound a tad… different. CNN Business, in a piece by David Goldman, had to concede that President Trump’s previous claims about egg prices are, get this, “true now.” Goldman even called the 12.7% egg price drop a “remarkable reversal.”
You don’t say! While they still quibbled that Trump’s earlier percentage claims were “grossly inaccurate,” they had to admit the overall direction he pointed to was, indeed, accurate. The ground, it seems, shifted right under their fact-checking feet.
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