President Donald Trump took to Truth Social early Wednesday morning to boast about a victory for his administration. There’s just one problem, a political commentator noted — he didn’t win.
Trump’s Truth Social post celebrated news that the consumer price index fell 0.4% in June and brought the annual inflation rate down to 3.5%, representing the largest decrease since April 2020.
“Great News America!” Trump wrote. “The Dumocrat caused inflation is way down from what it had been, and we will bring it down still further. MAGA!”
Among the MAGA Republicans to celebrate this victory — that inflation rose less than expected — was Sen. Ted Cruz (R-TX).
“Media doesn’t want you to know this,” Cruz wrote on X on Tuesday.
Cruz bafflingly shared his opinion that the media was engaged in a coverup with a clip of the media — CNBC — sharing the news with the public.
Cruz’s post caught the attention of political podcaster Andy Ostroy who accused Cruz of stretching the truth on another point: inflation.
As proof, Ostroy point to the rate of inflation when former President Joe Biden stepped down to allow Trump to resume office.
“What liars like you don’t want people to know,” Ostory slapped back, “is that inflation was 3% on 1/20/25, the day Biden left office, and that it’s 3.5% today…”