Good banter last night w @BenLeo on @GBNews LATE Show Live re the economy and inflation. Dems have managed to convince voters that the inflation they caused is Trump’s fault by cherry picking data. And want to remedy it with their policies that created it (transfer payments & over-regulation). For Sen Warren and the other economic illiterates- inflation slightly higher due to supply shock but the real inflation was Dem/Biden’s creation- reckless spending (M2 up 50%) in 2021/22 in an already hot economy, and hostility to the private sector (especially energy) resulted in too much money chasing too few goods. Prices up 27% since 2021 (22% from Biden, 5% DJT). Mortgage rates 2021 2.86%. Biden 2024 6.8. Now it’s 7.25. So 4% increase from Biden, 1/2 % Trump. Food up 2.2% last 12 month vs 7.7% Oct ‘22. Gas prices are up, yes, now $4.25. Average in 2022? $4.25. Average 2012 $5.06. 2008 $4.89. Biden peak $5.11, DJT peak 4.56. Best metric is Real Wages, down 4% Biden, up 1.5% DJT- the problem of course is we have only recovered a third of the real wages lost by Biden, so voters still feel the pinch. They’re making more than they did in 2022 but not as much as 2019. Yes, gas prices from supply shock now, but prices were higher under Biden and Obama due to deliberate hostility to US energy sector. Memories are short and voters blame the party in power, fair enough. That’s why the opposition party won 47 if the last 49 midterms. Want lower energy prices in US & UK? Vote Right and Drill Baby Drill. Want higher prices? Vote Dem/Labour and “net zero”