Receipts Live: Diesel Prices Soar to $6 a Gallon, Inflation Outpaces Wages

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Catherine Rampell and JVL break down the latest inflation numbers and why the Trump administration is desperately trying to convince Americans that rising prices are actually good news. Inflation hit 3.4% in August, real wages are falling behind, consumer confidence is sinking, and diesel prices have crossed $6 a gallon for the first time.

They also give…