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Democrat Policies Are Causing Today's Inflation And American Families Know It

Washington, DC, July 21, 2021
Inflation is taxation and Americans understand it is because of Democrats' failed policies.  According to a recent study 83% of Americans surveyed said they noticed price increases on their commonly purchased groceries or household goods in June & July and 54% of Americans are moderately or significantly concerned about future price increases.  BIDEN’S INFLATION TAX BY THE NUMBERS:
  • Americans are making 1.7 % LESS than they did a year ago, when inflation is factored in. 
  • Inflation has increased every month since Biden took office. 
  • The consumer price index (CPI) increased 5.4% from a year ago, the largest jump since just before the 2008 financial crisis. 
  • Americans are paying more for just about everything:
    • Gas prices are up 45.1%
    • Milk is up 5.6%
    • Fruit is up 7.3%
    • Washing machines are up 29.4%
    • Car rentals are up 87.7%
    • Hotels are up 16.9%
  • Consumers see prices overall up 4.8% in the next 12 months, according to a New York Fed survey. 
It’s simple: Inflation is taxation!    President Biden and Democrats’ reckless spending is causing inflation to surge. This means Americans are paying more for groceries and household goods, while also taking home less.