Press Releases

American families are having to choose between filling up their gas tanks, heating their homes, or putting food on the table because of failed Kamalanomics. In September, the Consumer Price Index (CPI) showed Kamalaflation remains a tax on all Americans, and it isn't going away anytime soon. Since Joe Biden and Kamala Harris took office, inflation has risen by 20.5%. The failed economic policies of Kamala Harris and Joe Biden continue to put Americans last. 
 
MAKE NO MISTAKE: We cannot afford another four years of failed Far Left Democrat policies. We must return to the successful economic agenda Republicans implemented under President Trump which created the strongest economy in history and put Americans first. 
 
KAMALANOMICS BY THE NUMBERS:

• Inflation is a tax on ALL Americans. 
• When Joe Biden and Kamala Harris took office, inflation was at just 1.4%.
• Since Joe Biden and Kamala Harris took office, inflation has risen by 20.5%.
• Americans are paying more for just about everything because of inflation. Since Biden and Harris took office: 
  • Food at elementary and secondary schools 69.7%. 
  • Eggs are UP 69.2%. 
  • Motor vehicle insurance is UP 56.5%. 
  • Admission to sporting events is UP 46.4%.
  • Lodging away from home including hotels and motels is UP 42.4%.  
  • Gasoline (all types) is UP 38.4%.  
  • Baby food and formula are UP 31.0%. 
  • Veterinarian services are UP 29.9%. 
  • Cookies are UP 29.1%. 
  • Uncooked ground beef is UP 28.2%. 
  • Bakery products are UP 27.2%. 
  • Chicken is UP 25.0%. 
  • Airline fares are UP 24.5%. 
  • Bread is UP 23.9%. 
  • Pork chops are UP 23.0%. 
  • Lunchmeats are UP 22.3%.  
  • Milk is UP 16.2%.  
• Americans are spending $13,300 more annually to buy the basics because of Kamalaflation, compared to three years ago.
• Real wages remain lower than when Biden-Harris first took office.
• Inflation-adjusted average weekly earnings were $397.90 when Biden-Harris took office and are now $384.29 - the Bureau of Labor Statistics adjusts to 1982-1984 dollars - meaning Americans have seen a 3.4% decrease under Biden-Harris.
• Kamalaflation outpaced wages for a majority of Biden’s presidency – both year-over-year real average hourly earnings and real average weekly earnings were negative for 25 months.
• Interest rates have remained at a 23-year high.   
• Nearly half of Americans consider themselves “broke.” 
• Two-thirds of Americans report living paycheck-to-paycheck.
• Americans need a six-figure salary to afford a typical home in nearly half of U.S. states
• In September, the unemployment rate remained high, at 4.1%.
• Over the past 12 months, 825,000 native-born Americans lost employment, while 1.2 million foreign-born workers found jobs.
• There are over 6.8 million Americans who are unemployed which is up from a year ago at 6.3 million.
  • The labor force participation rate remains well below pre-pandemic levels. 
• In September, the labor force participation rates decreased for the following demographics:
  • Women, 16 years and over.
  • White women, 20 years and over.
  • Black or African American women, 20 years and over.
  • Asian Americans. 
  • Hispanic or Latino Americans.
  • Hispanic or Latino men, 20 years and over.
  • Hispanic or Latino women, 20 years and over.
• Since July of 2023 versus July of 2024, there has been a net zero job growth. 
• In August, it was announced that 818,000 jobs that the Harris-Biden Administration claimed to have created aren’t there.
  • The BLS revised down its total tally of jobs created from March 2023 through March 2024 by 818,000.
  • This included 115,000 manufacturing jobs. 
  • The revision is the largest in 15 years. 
  • In addition to these revisions, the August jobs report revealed the employment in June and July combined is 86,000 lower than previously reported.
• The Biden-Harris Administration deserves no credit for economic growth. 
  • Republican-led states are leading the way creating jobs and leading economic growth.
  • The latest state jobs report shows that 16 of the top 20 states for  jobs recovered since the coronavirus pandemic began are led by Republican governors, and 16 of the states have Republican-controlled legislatures.