CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024
through a period of high inflation like this one. it's painful. paychecks are not going as far. if you adjust wages for inflation, they're getting smaller. the president is right to call out the fact that this report does not capture the fact that gasoline prices have started to cool off. the national average is 4.63 a gallon. down 40 cents from the record high. two things to remember here, one, it's not like prices at the pump are cheap. no one is doing a victory dance about $4.60 gas, and ftho, this is not just about prices at the pump. it's about food. housing prices. there were r...