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Donald Trump’s campaign attempted to attack a good report on inflation by coining a really bad name for it.

Wednesday’s report from the Labor Department showed that year-over-year inflation reached its lowest level in more than three years in July. This suggests the worst price spike in four decades is fading and that the Federal Reserve might do an interest rate cut next month.

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But the Trump campaign tried to spin what most economic experts considered to be good news into bad news, by ignoring the new decline and just reporting data that noted that inflation is higher than pre-pandemic.

“Since Kamala is not doing any press, she can’t explain why crippling inflation rates have resulted in a 20% increase in prices since she took office,” the campaign statement said.

In the process, they called the economic numbers “Kamalanomics,” a term that doesn’t exactly trip off the tongue, especially with people like Trump, who repeatedly mispronounces the vice president’s first name.

You can see the complete statement below, courtesy of Politico’s Meredith McGraw:

Trump campaign coins “Kalamanomics” in press release about latest inflation report, which showed lowest y/y inflation since March 2021 pic.twitter.com/b17Ufe60Ys

— Meridith McGraw (@meridithmcgraw) August 14, 2024

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As often happens in these cases, Trump’s attempt to tie a good inflation report to Kamala Harris made him a subject of social media mockery.

Folks already have a hard time saying her name on their side... https://t.co/QUVld13qhO

— eric (@ericziminsky) August 14, 2024

I'm trying to imagine Trump actually pronouncing Kamalanomics!

— Nicolas Nowinski (@nicknow) August 14, 2024

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it's a GOOD inflation report, god how are you people so bad at this https://t.co/KNSnbz51yv

— Lee Kovarsky (@lee_kovarsky) August 14, 2024

Dear Trump Campaign: pic.twitter.com/kyG9f4PKUx

— Jeff DeWitt (@jeffersondewitt) August 14, 2024

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Just delusional stuff. Gas prices and interest rates were low because the economy cratered when COVID hit. Even before then it didn't grow as promised. Unemployment hit 16%. 100s of thouseands died needlessly. Meanwhile world leaders laughed at his idiocy. We are not going back.

— That's Montgomery Clift, Honey ???? (@MAGAt_zapper) August 14, 2024

Hard to say which is more bizarre:

-highlighting a good inflation report showing prices barely rising

Or

-focusing on the cost of living when your entire econ agenda (a de facto national sales tax, mass deportation, and giant tax cuts for the rich) is highly inflationary https://t.co/WSL19An8no

— Bharat Ramamurti (@BharatRamamurti) August 14, 2024

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(責任編輯：Fashion)