Despite the Upbeat Spin That It's 'Slowed,' Inflation Is Still Crushing Americans

The new CPI numbers came out Wednesday morning, clocking in at a hefty 8.3 percent. Per CNN:
The Consumer Price Index was up 8.3% in the 12 months ended in April, the Bureau of Labor Statistics reported Wednesday, slightly higher than economists had predicted. It was a decrease from the 8.5% recorded in March, which had been the highest level in more than 40 years.

Note the spin from CNN (and much of the legacy media):
US inflation took a breather last month for the first time since August. Prices still increased, but at a slower pace than in previous months.

I’m also not sure that everyday Americans emptying out their wallets at the gas station and grocery store feel like they’re getting much of a breather. As we reported yesterday, gas prices have hit an all-time high. In addition to critical shortages, even when staple items are available, they’re costing us significantly more.