Shameless Propaganda: CNN Was Called Out For In An Op-Ed That Called Recent Gas Price Drop a '$100-a-Month Raise'
Shameless Propaganda: CNN Was Called Out For In An Op-Ed That Called Recent Gas Price Drop a '$100-a-Month Raise'
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USA: President Joe Biden had repeatedly insisted that his administration's policies had nothing to do with the situation, but the American Automobile Association revealed in June that the national average price of a gallon of gasoline in the US had officially increased by more than a half under his administration. 

A CNN Business article claims that US drivers should view the recent drop in rising gas prices as a "$100-a-month raise," which has netizens scratching their heads in disbelief.
The average gas price is now $3.918, down from $4.495 one month ago, according to the article by CNN Business senior writer Chris Isidore. This decrease should be viewed as a "unexpected form of economic stimulus," the author claims.

Twitter haters were quick to point out that the price was $3.177 a year ago, which means that Americans are still paying about 25% more for gas today than they did a month ago. Imagine being so stupid as to not only think you're saving money but to actively promote the gaslighters, said Daily Wire reporter Virginia Kruta, comparing the situation to "the jewellery store that triples their prices before advertising a 50%-off super blowout sale."

A Tennessee congressional candidate named Robby Starbuck used a similar tone when he denounced the CNN article as "shameless propaganda."
"Compared to when Trump was President, gas prices are still astronomically high. It's not a tax break or a pay increase for Biden to perform slightly worse. His enormous failures continue to harm America, Starbucks tweeted.
In addition, one user joked that the article ought to be considered a Biden campaign contribution.

The White House is accused of intentionally misleading Americans by claiming that the US is not in a recession, which is why the comments were made.
On its official blog, the US administration argued that even negative GDP growth for two consecutive quarters is "unlikely" to indicate that the US economy is in a recession. This is in stark contrast to the criteria that economists most frequently use, which state that two straight quarters of poor performance constitute a recession.

The US inflation rate, which spiked to 7% in November 2021 before increasing even further this year, is a further source of fuel for the fire. This is because Washington and its allies imposed sanctions on Russia as a result of its ongoing special military operation in Ukraine, which increased the price of food, fertiliser, gas, and other commodities globally. The US Federal Reserve began raising interest rates for the first time in years in an effort to control inflation, raising them to ranges between 1.5% and 1.75%.

As part of Washington's efforts to cool the "overheated" US economy, Fed Chair Jerome Powell hinted that interest rates may rise even further by the end of this year. However, his remarks sparked worries that the slowdown might turn into a full-fledged recession.

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