Seventy-one goods and services dropped in price in January, and core consumer prices rose just 2.5 percent compared with 12 months earlier — the lowest rate of core inflation since March 2021. Goods prices fell 0.1 percent from December, and excluding food, goods prices dropped by nearly half a percentage point in a single month.

According to Breitbart, that March 2021 benchmark matters. It marks the moment the Bidenflation era was just getting started — the beginning of a years-long squeeze on American wallets that eroded savings, punished fixed-income households, and made grocery runs feel like luxury outings. The economy is now digging out from the mess created by Joe Biden's spending spree and the Federal Reserve's inflationary monetary policy under Jerome Powell.

And the trend line is moving in the right direction.

A Promise at The Rally

At an August 2024 rally in Bozeman, Montana, Donald Trump made it plain:

"Starting on day one, we will end inflation and make America affordable again, to bring down the prices of all goods."

January's numbers suggest that the promise is taking shape. Goods prices excluding food are now down for the year. Overall goods prices are up just 1 percent over the past 12 months — a pace that most American families can absorb without rearranging their budgets. The direction of travel is unmistakable.

Where Prices Actually Fell

The January data isn't an abstraction. It's a list — 71 items long — of things that cost less than they did in December. The declines range from dramatic to modest, but the breadth tells the story. This isn't one category carrying the average. It's widespread relief across the consumer economy.

Among the biggest month-over-month drops:

• Tax return preparation fees: down 13.8%
• Eggs — the item that became a symbol of Biden-era sticker shock — also appear on the year-over-year list, down a staggering 34.2% compared to 12 months ago

The year-over-year picture reinforces the trend. Forty-seven consumer products and services cost less than they did a year ago, spanning categories from staple groceries like rice (down 0.1%) to items that had spiked hardest during the inflationary surge.

That's the kind of broad-based price relief that actually registers at kitchen tables — not just in economists' models.

The Bidenflation Hangover

None of this erases what happened. The cumulative price increases from 2021 through 2023 didn't vanish because the rate of increase has slowed. A family paying 20 percent more for groceries than they were four years ago doesn't celebrate when the month-over-month number ticks down a tenth of a point. The damage was real, it was policy-driven, and millions of Americans are still absorbing the hit.

That's the distinction the left never wants to make. They'll point to a cooling inflation rate and declare victory, as if the destination doesn't matter — only the speed of travel. But prices didn't spike because of bad luck or a global mystery. Washington spent money it didn't have at a pace the economy couldn't absorb, and the Fed kept monetary policy loose long after the warning signs were screaming.

Americans know this. They lived it. They're still living it every time they open a utility bill or renew an insurance policy.

What Recovery Actually Looks Like

Real recovery isn't a press conference. It's 71 line items moving in the right direction. It's core inflation retreating to a number the country hasn't seen in nearly four years. It's goods prices — the things people actually buy — falling month over month while the broader economy continues to function.

The challenge ahead is sustaining it. Inflationary pressures don't disappear because one month's data looks encouraging. But the trajectory is clear, and it aligns with an administration that entered office treating affordability as a mandate, not a talking point.

For four years, Americans were told that rising prices were transitory, then structural, then someone else's fault, then actually a sign of a strong economy. The excuses rotated. The grocery bills didn't.

January's numbers won't undo that. But they're the first sustained evidence that the fever is breaking — and that the adults are back at the controls.