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Fox News Freaks Out After Inflation Drops to Lowest Level in Two Years
Americans got more good economic news on Tuesday, as inflation dropped even more than expected, to 4% on the year. For the average consumer, that means the price increases everyone’s faced – from gas, eggs and other groceries, clothing, and more, are coming back in line to normal.
In fact, inflation has now dropped 11 months in a row, to the lowest point in two years.
That’s on top of continued near-historically low unemployment across every demographic, massive jobs creation – 13 million jobs under President Biden. Experts say under President Biden the U.S.’s economic recovery after the COVID-19 pandemic has been the strongest worldwide.
Fox News didn’t see it that way.
Fox News Business host Maria Bartiromo, once a straight-news journalist, invited onto her show to discuss the economic news a Republican Congressman who is not an economist, but a pharmacist.
U.S. Rep. Buddy Carter (R-GA0, whose track record reportedly includes pushing legislation and policy that would personally benefit him financially, at least once without making any expected disclosure, had a lot to say about the drop in inflation.
“Well, we will also hear from Treasury Secretary Janet Yellen today,” Bartiromo announced. “Representative Earl Buddy Carter, talk to us about what you’re expecting there because the Treasury Secretary, when we first started seeing this spike in inflation, said it was transitory. What are your thoughts on how she’ll explain where we’re going from here?”
Bartiromo correctly notes that Treasury Secretary Yellen, and many other top economists predicted inflation would be short-lived, but a few things got in the way, including Russia’s unlawful attack on Ukraine, and massive supply-chain issues. Two years ago, shortly after taking office, President Biden created a supply chain task force, which has successfully improved how America moves goods.
“Well,” Rep. Carter began, “I’m sure she will make it out to be as as good as she can. But at the same time, we are far from out of trouble here. Yes, I agree. The Fed may pause next this month and may not raise interest rates, but that doesn’t mean they’re not going to raise them back in July.”
The Fed is fully expected to pause its interest rate increases, which are the main reason why inflation has dropped so significantly. And yes, it is currently expected to increase them in July.
Another reason inflation has dropped is the Democrats’ Inflation Reduction Act.
“It’s been 10 months since President Biden signed the Inflation Reduction Act,” author and former White House aide Keith Boykin noted Tuesday. “The bill passed Congress without a single Republican vote. And new data shows that inflation has been cut in half since last year.”
“We’ve still got some serious problems in our economy. The labor shortage,” Carter complained. “Last night I had dinner with a group of engineers and they were telling me, we need help. We need engineers. One company said they had 1700 employees, they’d hire 200 today if they could find them.”
Republicans continue to make it difficult for people some sectors of workers to get jobs, like immigrants. After Florida’s Gov. Ron DeSantis signed legislation making it illegal to assist any undocumented worker, many fled the state. Republican leaders had to beg them to stay.
“We still got high interest rates,” Carter continued. “In the lobby this morning. I was talking to a young lady who said, ‘You know, I wanted to buy a new car, but I just can’t afford it right now.'”
“So high inflation, interest rates, those are the type of things that we’ve still got to work on in this economy. And you know, Janet Yellen will paint a pretty picture. Yes, I’m sure but I’m not sure I believe.”
Watch below or at this link.
here’s Maria Bartiromo and Rep. Buddy Carter searching for reasons to criticize Biden over new data showing inflation at its lowest reading in well over 2 years pic.twitter.com/pTca2M5Wdh
— Aaron Rupar (@atrupar) June 13, 2023
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Maine Democratic U.S. Senate nominee Graham Platner is under fire after releasing a video declaring that new allegations against him are false, yet he is “taking time to reflect” on a path forward.
Politico on Monday afternoon reported that a woman who dated Platner, Jenny Racicot, “says he forced her to have sex with him nearly five years ago despite her repeated objections, an allegation Platner denies.”
“Racicot said she had an on-and-off relationship with Platner,” Politico reported, “for more than two years before he entered her rural Maine home uninvited one night in late 2021, deeply intoxicated, and forced himself on her while she repeatedly told him to stop. She said she cut off contact with him after telling him the encounter was not consensual.”
In a video posted to social media eleven minutes after the Politico story dropped, Platner says, “I wanted to directly address the troubling, serious, and false allegations against me. Any accusation of nonconsensual behavior is categorically false.”
He said he and his supporters “were united in a love of Maine, a belief that our politics must change, in a focus on defeating Susan Collins.”
“So, regardless of the inaccuracy of the reporting, but mindful the political reality will inflict, we are taking the time to reflect on the best path forward for the state that I love, the people that I love, the movement I belong to, and the goal of defeating Susan Collins.”
“Those were the goals when we launched this campaign. And they remain my goals today.”
“Throughout it all, you never turned your back on me. And I will not turn my back on you now. Every one of you deserves to see that vision come to fruition and see Susan Collins defeated. And we will use every tool at our disposal to do so.”
The Bulwark’s Tim Miller, a political commentator who served as the communications director for the Jeb Bush 2016 presidential campaign, blasted Platner.
“I’m sorry but ‘we are taking time to reflect on the best path forward’ is not an option on the table,” Miller wrote. “Either it’s false and you campaign with vigor or it’s true and you get out / apologize to everyone you let down.”
Journalist Ryan Grim, commenting on Platner’s video, noted that Platner “strongly suggests he is considering dropping out. Already Troy Jackson and Chellie Pingree, both gubernatorial candidates, are being kicked around in Maine circles as potential replacements.”
Several others, including Puck News’ Peter Hamby, predicted Platner will be dropping out.
Platner had postponed several campaign events before the Politico story was published.
— Graham Platner for Senate (@grahamformaine) July 6, 2026
President Donald Trump is facing backlash after posting a video of children — including showing their unblurred faces — graduating from kindergarten, with some of the girls purportedly wearing hijabs.
“President Trump posted a captionless video of graduating kindergarteners on Truth Social on Monday, goading his supporters into verbally attacking little children simply for being Muslim,” The New Republic reported. “The clip is from Gateway STEM Academy, a majority-Black K-8 public charter school in St. Paul, Minnesota. It shows about 21 children in caps and gowns on stage singing a song together. Most of the girls are wearing hijabs.”
The original post of the video which Trump reposted reads: “Public school in St. Paul, Minnesota. Every girl is in a hijab … in kindergarten.”
Trump did not add any comments. TNR called the post “Islamophobic, weird, and creepy,” while noting that the comments section of Trump’s post was filled with calls “by racist, xenophobic MAGA supporters” to “deport the children and ban hijabs.”
TNR also noted that it “should come as no surprise that Trump isn’t above attacking children who just learned how to read, but this post is still particularly discomforting—and will certainly contribute to the already potent level of anti-Muslim sentiment in the U.S. and in Minnesota.”
Critics blasted Trump.
“There is something deeply unsettling about the president of the United States—the most powerful person in the world—going after kindergarten schoolchildren in Minnesota because they wore hijabs, as Trump has done this morning on his website,” The Bulwark’s Sam Stein wrote.
One social media commentator wrote, “Trump posted an unblurred video of more than a dozen Muslim kindergartners to Truth Social, exposing the children’s faces while targeting them for their religion.”
Another added, “Trump is a bigot. The president took to Truth Social to attack kindergarteners in hijabs. These are little kids. The president isn’t just a bigot, he’s also a coward.”
The original video was posted to the X social media platform in June.
U.S. Rep. Nancy Mace (R-SC) at the time commented, “If you are in a public school in America, you should be speaking english.”
Image via Reuters
President Donald Trump’s apparent efforts to delay releasing the $5.8 million civil judgment to E. Jean Carroll are being met with a warning by the journalist’s legal team, who suggest there could be a legal maneuver for Trump to employ to forgo paying the judgment in either of the two cases he lost.
According to The Guardian, on July 4, U.S. District Judge Lewis Kaplan ordered Trump to release the $5.8 million judgment, which is in escrow, to Carroll by this coming Tuesday — or explain why he would not do so.
Carroll’s attorneys think Trump may be trying to buy time to mount another legal strategy, telling the judge that Trump’s request for an extension “appears to be little more than yet another play for time.”
“The case is separate from Trump’s appeal of a Manhattan civil jury’s 2024 award of $83.3m to Carroll for defamation,” The Guardian explains. “But her lawyers have suggested a legal scenario in which the president might seek to conjoin the cases and further delay payment of both.”
Carroll’s attorney Roberta Kaplan (no relation to the judge) wrote, “We can only assume that defendant is seeking … to buy time so he can try to concoct some new basis to put off paying plaintiff presumably in connection with his forthcoming petition and motion for a rehearing.”
Trump’s former attorney, Justin Smith, in one of his final acts, wrote to the Supreme Court suggesting that his client would be appealing the $83.3 million civil judgment.
Smith argued that the Supreme Court “may wish to consider the petitions together,” given they involve the same parties.
The larger judgment case involves possible questions of presidential immunity, and that has Carroll’s attorneys concerned.
“A conjoined case, Carroll’s lawyers fear, could result in both judgments being wiped out,” The Guardian reports.
The president has also made clear he is no fan of Judge Kaplan, after the jurist made several rulings that “angered” Trump.
“What else can you expect from a Trump Hating, Clinton appointed judge, who went out of his way to make sure that the result was as negative as it could possible be,” Trump wrote on Truth Social in 2023, “speaking to, and in control of, a jury from an anti-Trump area which is probably the worst place in the US for me to get a fair ‘trial’.”
Image via Reuters
Platner Scorched Over ‘Taking Time’ Video After New Accusation
Trump Sparks Fury Online After Posting Unblurred Video of Muslim Kindergartners in Hijabs
One Legal Maneuver Threatens to Undo Everything E. Jean Carroll Won
Inside the Group Helping MAGA Voters Walk Away — And What Finally Pushed Them
