According to the Labor Department, inflation continued to skyrocket in September, as the consumer index price index (CPI) accelerated at the fastest pace in 13 years.
This is just the latest sign that President Biden's economic crisis continues to worsen with no real end in sight.
BIDEN'S ECONOMIC CRISIS BY THE NUMBERS:
Inflation is taxation, and it has gone up every month of Joe Biden's presidency.
The CPI rose 5.4% year over year in September. This is the fastest increase in 13 years.
In September, the U.S. economy added just 194,000 compared to the 500,000 economists expected.
This was the worst jobs report of Joe Biden's presidency.
The labor force participation rate fell to 61.6% in September.
The Labor Force Participation Rates decreased for the following demographics: Women, Black Men, Black Women, Hispanic Women, those with only a high school education, and those with some college.
It's simple: Inflation is a tax on all Americans, and it's fueled by President Biden and House Democrats' out-of-control spending. Instead of addressing the root cause of inflation (out-of-control government spending), Biden and House Democrats are continuing to push their $5.5 TRILLION tax and spend package, which will only add fuel to America's skyrocketing inflation.