Inflation based on the current definition of the CPI, from Biden’s date of inauguration of Jan 2021, until July 2023 is running at 17%. Whoopee that it has fallen to less than 3% in the last monthly annual est., obviously prices are still going up. We would have to have negative inflation rates for years for prices to return to pre-Covid Trump era levels. The CPI does not include food or fuel. I bet if these were included we would be looking at an inflation rate over the jan 2021 - july 2023 period in excess of 40%. The shit show is not being propped up. Anyone looking at 17% CPI inflation would conclude this economy is a mess. Also look at P/E, debt/GDP, GDI/GDP, and any economist would say we are in for a rough ride.