inflation report is "good news for america." >> today i am pleased to share more good news of the american people. the latest report on consumer price shows -- prices show -- that we have expanded -- excuse me, the expected easing we thought was going to come has increased, that we -- that we have seen a good monthly report. >> laura: okay. well, reality, inflation isn't just up 5.4% annually. the specific sectors hurt americans. since last year, the gas prices are up 41.8%, used cars up 41.7%, food prices up 5.4%, and electricity up 4%. further, average hourly wages, they are not tracking with these price increases. they are only up 4% from a year ago. meaning the 5.4% inflation increase completely wipes out any wage again. my number two, he is not