would have happened no matter who was President.  The fact that it happened on Dumb and Dumber's watch is of no consequence.  Even though it's lower than a year ago, inflation is still at a level that 60% of Americans have used up their savings and are living paycheck to paycheck.  Credit-card debt is at an all-time high.  Obviously, whoever put together the formula to make this claim left out some important aspects that mitigate most of the gains.

We won't even get back to breakeven for the average wage earner until the green area exceeds the red area.  
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If the low inflation rate trend continues that looks like another year or so.  At that point we'll be back where we were four years ago.  Four lost years for the wage earners.
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Inflation is highway robbery of the average person.  It's caused by government deficit spending ... money they hand out to special vote buying interests ... paid for by the average worker.

BigP must get the same talking points each morning as Morning Joe and David Hogg who all repeat the same thing verbatim every single day and pretend it’s their own words and thoughts. Why do they repeat the same garbage day in and day out? Do they get paid to do it? I mean maybe in BigP’s case they pay in with free bags of Dorito’s and Covid boosters, but you’d have to pay me a lot more than that to make me volunteer to make myself sound like an idiot.