Yes. The Consumer Price Index rose 3.2% in July 2023 compared with a year earlier. Inflation trended upward in January 2021 before hitting a peak in June 2022. That month’s 9.1% year-over-year increase was a four-decade high.
Tag: inflation
Posted inFact briefs
Has college tuition increased four times the rate of inflation since Ronald Reagan was president?
No. Nationwide, college tuition has increased about three times as much as inflation since Ronald Reagan’s presidency ended in January 1989.
Posted inEconomy, Fact briefs
Has US inflation been at or above 5% for the last two years?
Yes. The last time the 12 month–average inflation rate was below 5% was in April 2021, when it was 4.2%, according to U.S. Labor Department data.
Posted inHealth & Welfare
Nonprofits in Wisconsin and elsewhere scramble for volunteers
As pandemic-related government aid programs end and inflation rises, nonprofits of all kinds are looking everywhere and trying everything to get volunteers.
Posted inFact briefs
Did Ron Johnson say that he has ‘always been a supporter of big pharma?’
Yes. Wisconsin U.S. Sen. Ron Johnson said, “I’ve always been a big supporter of big pharma … I’m all for the profit motive, the development of new drugs.”
Posted inFact briefs
Does Mandela Barnes support raising taxes on the middle class?
No. Lt. Gov. Mandela Barnes, the Democratic candidate for Wisconsin for the U.S. Senate, advocates lowering middle class taxes, not raising them.