President Biden was Monday’s KVML “Newsmaker of the Day. Here are his words: “Before I begin today, I want to say a word about the news that came out today relative to the economy. Actually, I just want to say a number: zero. Today, we received news that our economy had zero percent inflation in the month of July. Zero percent. Here’s what that means: While the price of some things go up — went up last month, the price of other things went down by the same amount. The result: zero inflation last month. But people are hurting. But zero inflation last month. Economists look at a measure of inflation that ignores food and energy prices, and they call it “core inflation.” That’s about the
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