A lot of conservative voters — especially those old enough to have lived through the high inflation of the 1970s — are convinced that America is currently suffering from an inflation problem. Sen. Ted Cruz (R-TX) pandered to those voters in a recent Republican presidential debate, blaming the "loose money" policies of the Federal Reserve for raising the prices of various consumer products. But new data released Friday by the Bureau of Labor Statistics shows that overall, prices aren't going up. At all. Between September and October, prices actually fell slightly. And over the past year, the inflation rate was...