MAKE NO MISTAKE: Since Biden took office, prices have risen 17.1%. America’s surging inflation crisis is a direct result of Biden and Extreme Democrats’ reckless spending, which House Republicans are committed to reining in.
BIDENOMICS BY THE NUMBERS:
- Inflation is a tax on ALL Americans.
- Americans are paying more for just about everything because of inflation.
- Frozen noncarbonated juices and drinks are UP 22.1%
- Motor vehicle insurance is UP 19.2%
- Frozen vegetables are UP 10.7%
- Uncooked beef steaks are UP 10.6%
- Transportation services are UP 9.2%
- Sugar and sugar substitutes are UP 8.8%
- Baby food and formula are UP 8.3%
- Frozen fruits and vegetables are UP 8.0%
- Sauces and gravies are UP 7.5%
- Rent of primary residence is UP 7.2%
- Uncooked turkey is UP 7.2%
- White bread is UP 7.1%
- Shelter is UP 6.7%
- Crackers are UP 6.0%
- Rolls are UP 5.7%
- Food away from home is UP 5.4%
- Flour is UP 3.2%
- Frozen pies are UP 2.7%
- When Joe Biden took office, inflation was at just 1.4%.
- Prices have risen by 17.1% since Biden took office.
- Under Joe Biden’s failed economic agenda, Americans are spending $709 more per month to buy the exact same goods and services than they did just two years ago.
- According to a recent AP/NORC poll:
- “About two-thirds of adults say their household expenses have risen over the last year.”
- 73% describe the national economy as poor.
- According to a recent WSJ/NORC poll only 36% of voters said the American dream still holds true, substantially fewer than the 53% who said so in 2012 and 48% in 2016.
- In October, total nonfarm payroll employment increased by 150,000, falling well short of the 189,000 economists expected.
- The unemployment rate increased to 3.9%
- 6.5 million Americans remain unemployed.
- Manufacturing LOST 35,000 jobs.
- Transportation and warehousing LOST 12,000 jobs.
- Information employment LOST 9,000 jobs.
- Motion picture and sound recording LOST 5,000 jobs.