Today's Top Stories From the Breitbart News Desk

The times they are a-changing. It was not so long ago that the Establishment Media was obsessed with the dangers inflation allegedly posed for American families. Reading through the headlines, you constantly encountered consumers who were getting squeezed, pinched, and hit by higher prices. Of course, prices weren't really rising, but Donald Trump was president and had put in place tariffs on goods from China, so the news organizations tried their best to stir up fear of inflation.

No longer. We just got the hottest monthly inflation number since 2008, with the Consumer Price Index rising 0.9 percent in a single month. The four-month average of inflation is 0.7 percent, the highest four-month average since 2005. The National Federation of Independent Businesses reports that a higher net percentage of owners say they raised price in the last month than any time since 1981.

The reaction from the White House and the fans of its occupants in the Establishment Media quickly flipped to explaining away the high prices. "Without cars and pandemic-affected services, core inflation rose 0.22 percent month-over-month, relative to 0.28 percent in May and 0.31 percent in April 4," the Biden administration's Council of Economic Advisers tweeted. You see? Nothing except the necessities like food, gasoline, cars, and houses are going up. In fact, when you look at it through the magic lens of Biden's economists, inflation is actually going down.

We'll get another dose of such things tomorrow when the Producer Price Index is all but certain to show that inflation is alive and virulent. No doubt we'll hear that it’s all just "reopening" and shortages and that the Extra Super Duper Core inflation shows everything is alright.

Meanwhile, we learned today that CNBC has ruined its annual Top States for Business ranking by including in it a category called "Inclusion." That sounds nice, but what it means in practice is that states lose points in the ranking when they do not have left-wing approved voting rights laws or "public accommodation" laws that reach far beyond what federal civil rights statutes protect. CNBC actually admitted that North Carolina, the number two state, will never reach the top stop so long as it refuses to go along with the catechism of Woke Capitalism. And Texas gets dinged because it has, in CNBC's words, "relentlessly pursued policies that run counter to inclusiveness."

– Alex Marlow & John Carney
Breitbart News Network