On the recordDecember 13, 2023
I have been hearing from a lot of families back home who are frustrated with the economy. The numbers say it all. Americans are paying the price for failed Bidenomics. Since Joe Biden became President, prices have increased by 17.38 percent. Necessities continue to cost hard-working American families hundreds of extra dollars every month. Gasoline is up 42.18 percent. Groceries are up 20.28 percent. Energy prices are up nearly 35 percent. Electricity is up 23.5 percent. Rent is up 18.5 percent. A CBS News poll recently showed that 76 percent of Americans say their income is not keeping up with Joe Biden's inflation, 92 percent of adults have felt the need to reduce their spending, and 76 percent plan to cut back on nonessential items. Another report stated that the average American family is spending $11,400 more each year to pay for the same standard of living they had when Joe Biden took office. That is several months of pay for an everyday household. As anyone with a basic understanding of economics knows, they will tell you that people on low and fixed incomes are the ones that are going to be the hardest hit. This inflation is a tax on every American's standard of living. President Biden said that ``Bidenomics is just another way [to say] `the American Dream,' '' and yet the numbers show the American Dream is now more out of reach than at any time in recent history.…
Source
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