Bidenomics continues to fail Americans and is now forcing retirees back into the workforce as their savings struggle to keep pace with surging Bidenflation. This sadly comes as no surprise given the fact that since Biden took office, inflation has skyrocketed by 17.9%, costing Americans an extra $1,019 a month compared to three years ago.
According to Fox News:
“Inflation continues to squeeze more Americans out of retirement and back into the workforce.
…
According to a survey by Resumebuilder.com, one in eight retirees plan to return to work in 2024 largely due to high prices and shrinking savings.”
BIDENOMICS BY THE NUMBERS:
- Inflation is a tax on ALL Americans.
- When Joe Biden took office, inflation was at just 1.4%.
- Since Joe Biden took office inflation has risen by 17.9%
- Americans are paying more for just about everything because of inflation:
- Frozen noncarbonated juices and drinks are UP 29.0%
- Motor vehicle insurance is UP 20.6%
- Repair of household items is UP 18.2%
- Uncooked beef steaks are UP 10.7%
- Food from vending machines and mobile vendors is UP 10.6%
- Veterinarian services are UP 9.6%
- Transportation services are UP 9.5%
- Nonprescription drugs are UP 9.2%
- Frankfurters are UP 7.1%
- Hospital services are UP 6.7%
- Motor vehicle maintenance and repair is UP 6.5%
- Rent is UP 6.1%
- Shelter is UP 6.0%
- Food away from home is UP 5.1%
- Crackers are UP 5.1%
- Frozen vegetables are UP 5.0%
- Pet food is UP 4.8%
- White bread is UP 3.3%
- Under Joe Biden’s failed economic agenda, Americans are spending over $11,400 more annually to buy the basics.
- Since Joe Biden took office, Americans are spending over $1,000 more a month than they were three years ago.
- According to a recent survey, one in eight retirees plan to return to work in 2024, largely due to Bidenflation.