Treasury Secretary Scott Bessent fired back Friday at Sen. Elizabeth Warren’s new “Trumpflation” tracker, accusing the Massachusetts Democrat of cherry-picking economic data to obscure gains in Americans’ purchasing power under President Donald Trump.
\n\n“Another day, another Econ 101 lesson for Professor Warren,” Bessent said in a statement accompanying an administration affordability tracker comparing inflation, wages, and household income under Trump and former President Joe Biden.
\n\nWarren’s dashboard “conveniently ignores the Bidenflation tidal wave that crushed American families, cherry-picks wage growth by refusing to acknowledge positive real wage gains since President Trump came into office, and swaps official medical-care CPI data for premium projections when it suits her narrative,” Bessent said.
\n\n“The Harvard Square inflationista is offering a statistical sleight of hand, not a serious assessment of today’s U.S. economy.”
\n\nWarren, the ranking Democrat on the Senate Banking Committee, launched her tracker Wednesday, arguing that Trump’s economic policies have increased the financial pressures facing American families. The dashboard reports cumulative inflation of 5.2 percent since December 2024 and estimates that higher prices have cost the average household an additional $3,388. It also tracks groceries, gasoline, electricity, rent, health coverage, and child care.
\n\nBessent’s response challenges both the selection of those measures…
Original source: https://www.breitbart.com/economy/
