Americans seeking relief from sky-high prices under Crooked Joe Biden will be sorely disappointed. Prices are up 20% under Joe Biden.
May’s Consumer Price Index increased by 3.3% compared to last year – twice the rate compared to when Biden took office.
Inflation has been at or above 3% for 38 straight months, the longest period of high inflation since the late 1980s and well above the Fed's average target of 2%.
Since Biden took office:
Gasoline is up 54.8%;
Margarine is up 51.9%;
Motor vehicle insurance is up 51.7%;
Energy costs are up 41.3%;
Motor vehicle repair costs are up 40.6%;
Eggs are up 40.1%;
Airline fares are up 39.9%;
Admission to sporting events is up 34.0%.
Overall prices have risen by 20.1% since Biden took office – with Americans still reeling from the lasting effects of inflation.
On a year-over-year basis, inflation under Biden has averaged 5.4% – roughly double the level of inflation seen under any of the last four presidents.
Hardworking Americans are struggling to survive financially as Bidenomics continues to drain their wallets.
Nearly half of Americans consider themselves “broke.”
66% of Americans worry about covering one month of expenses if they lose their job.
58% of registered voters report living paycheck-to-paycheck.
The personal savings rate was 3.6% in April, well below a decades long average of roughly 8.9%.
Americans’ earnings have taken a massive hit.
Americans have seen a 3.9% pay cut under Biden.
Under President Trump, real average weekly wages rose 8.2%.
American families are seeing higher prices for virtually everything, and they know exactly who to blame: Biden and Democrats.
92% of registered voters are concerned about inflation.
60% of Americans disapprove of the way Biden is handling inflation and 52% disapprove of Biden’s handling of jobs and the economy.
60% of Americans believe the economy is on the wrong track, 58% think the economy is weak, and 48% say their current personal economic situation is getting worse.
71% of voters believe economic conditions are worsening and 49% said they thought Biden made things worse with his economic policies.
70% of voters have a negative view of the economy and 55% of voters trust President Trump to better manage the economy.
Bottom Line: Americans simply cannot keep up with the cost of nearly everything in Joe Biden’s presidency. It’s called “Bidenomics.”
