Inflation Continued To Skyrocket In April

The Consumer Price Index (CPI), a key inflation index, hit near the highest level in more than 40 years in April. The CPI increased 8.3% over the past 12 months, and it has been the biggest single-year growth level since 1984.

MAKE NO MISTAKE: Inflation is a tax on ALL Americans, and it has skyrocketed because of Joe Biden and House Democrats’ out-of-control government spending to fuel their radical Far-Left agenda.

BIDEN’S ECONOMIC CRISIS BY THE NUMBERS: 

  • Inflation is a tax on ALL Americans.
  • Inflation has increased every month of Joe Biden’s presidency.
  • Inflation has risen dramatically since Biden took office.
  • This massive level of inflation is not the result of a so-called “Putin price hike,” but the failed policies of President Biden and House Democrats.
  • Real wages have decreased under Biden 10 out of the 14 months since his first full month in office.
  • Real average hourly earnings decreased 2.6%, seasonally adjusted, from April 2021 to April 2022.
  • Earnings are not keeping up with inflation.
  • Americans are paying more for just about everything because of inflation:

IT’S SIMPLE: Instead of addressing the root cause of inflation, out-of-control government spending, Joe Biden and House Democrats continue to push their Far-Left Socialist agenda, which will only exacerbate America’s economic crisis.