BREAKING: U.S. inflation is back above 4%.

The latest CPI report shows prices rose 4.2% year-over-year in May, up from 3.8% in April.

That matters because inflation was 2.7% in November 2024, Biden’s last full month before Trump returned to office.

So the story is not just “inflation topped 4%.”

It is this:

Trump inherited inflation under 3%.

Now it is over 4%.

And the main driver is exactly the kind of energy-price shock presidents love to pretend they can bully out of existence.

Energy: +23.5% year-over-year

Gasoline: +40.5% year-over-year

Headline CPI: 4.2%

Verdict: validated.

Inflation is materially higher than when Biden left office. The “lower prices” presidency is currently delivering higher prices.

Hell of a sales pitch.x.com/skylinereport/sta…