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Inflation Continues To Skyrocket With No Signs Of Cooling Off

The Consumer Price Index (CPI), a key inflation index, hit its highest rate in OVER 40-years high in May. The CPI increased 8.6% over the past 12 months, its highest rate since December 1981.

MAKE NO MISTAKE: Inflation is a tax on ALL Americans, and it has steadily increased over the span of Joe Biden’s failed presidency. As inflation has continued to skyrocket, wages have actually DECREASED.


  • Inflation is a tax on ALL Americans.
  • In May, the CPI increased 8.6%for the 12 months ending May, the largest 12-month increase since the period ending December 1981.
  • Wages are not keeping up with inflation, and have actually DECREASED, while prices for goods have risen.
  • Real wages are down nearly 4% from the beginning of the Biden Administration.
  • Real average hourly earnings decreased 3.0%, seasonally adjusted, from May 2021 to May 2022.
  • Real wages have decreased under Biden 10 out of the last 12 months.
  • Americans are paying more for just about everything because of inflation:
  • Most Americans expect inflation to get worse in the next year and are adjusting their spending habits in response to rising prices.