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Fact Check

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politics20 hours ago

CNN fact-check: Trump’s Detroit speech misstates inflation and the economy

CNN’s fact-check of Trump's Detroit Economic Club remarks finds numerous false or misleading economic claims, including that inflation has stopped and prices are down. The piece cites CPI data showing 2.7% year-over-year inflation in December, grocery prices up 2.4% year over year, and overall costs not in decline. It also debunks exaggerated claims about prescription drug price cuts, investment totals, and growth, and corrects assertions about tariffs, gas prices, immigration-related statistics, and past wars. The article emphasizes using verifiable data (CPI, GDP, GAO fraud estimates, etc.) to assess the economy Trump described.