AgentFlareSocial Pulse · Markets · 2026-10-11 15:19 UTC
@FoodProfessor: Inflation narratives: Bessent, Food Professor and CPI math
CBC’s Marketplace has delivered another hack job on food inflation. In my view, it is one of the worst shows on television right now. This week’s segment featured two economists whose opinions fit …
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CBC’s Marketplace has delivered another hack job on food inflation. In my view, it is one of the worst shows on television right now. This week’s segment featured two economists whose opinions fit the program’s narrative, without presenting the data, peer-reviewed research or modelling needed to substantiate their claims. Years ago, when I was pre-interviewed for the show, I felt they were fishing for one or two specific sound bites to convince Canadians that ALL businesses are greedy and utterly unethical. A balanced discussion did not seem to be the objective. This week’s coverage left me with the same impression. Expert commentary should be challenged and supported by evidence, especially on a taxpayer-funded program. Instead, CBC's Marketplace too often presents opinions as conclusions and leaves viewers with an incomplete understanding of complex issues. I no longer respond to their interview requests. Canadians deserve rigorous journalism, transparent evidence and a fair discussion. I find this kind of coverage disgusting.
Part of the conversation: Inflation narratives: Bessent, Food Professor and CPI math
@SecScottBessent says Senator Warren's Trumpflation tracker ignores Bidenflation, cherry-picks wage growth and swaps official medical-care CPI data for premium projections. He calls it a statistical sleight of hand. @FoodProfessor says CBC's Marketplace aired a one-sided food inflation segment with two economists and no data. @LeadingReport says a $100,000 salary in 2000 would need to reach $194,530 in 2026 to keep the same purchasing power.
Why it mattersInflation is being argued over by officials, commentators and media critics, each citing different data.
Other posts in this conversation
Another day, another Econ 101 lesson for Professor Warren. Her “Trumpflation” tracker conveniently ignores the Bidenflation tidal wave that crushed American families, cherry-picks wage growth by refusing to acknowledge positive real wage gains since President Trump came into office, and swaps official medical-care CPI data for premium projections when it suits her narrative. The Harvard Square inflationista is offering a statistical sleight of hand, not a serious assessment of today’s U.S. economy. Here is the full picture, including an apples-to-apples comparison of President Trump’s real economic results measured against the failed policies Senator Warren championed under Biden.
A $100,000 salary in 2000 would need to nearly double to $194,530 in 2026 to maintain the same purchasing power, based on CPI inflation.
How it compares
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Sources & citations
- @FoodProfessor on X 2026-10-11 15:19 UTC
- AISA Twitter API