Surviving in President Joe Biden’s America is getting harder and harder for workers who find themselves falling behind as costs gobble more and more of their paychecks.
As noted by Trading Economics, inflation was at 1.4 percent when former President Donald Trump left office, then spiked rapidly during the first months of the Biden administration.
Although the Biden administration for months rejected claims that its spending was triggering inflation and tried to spin the rise in costs as a transitory blip, even the Federal Reserve now admits the inflation picture will not improve soon, according to KATV-TV.
“Reckless government spending causes inflation. We’ve seen the disastrous consequences of the Democrats’ radical spending plans in consistently rising inflation month after month. We know Democrats won’t stand up and fight for American families. They only care about getting their liberal wish list, no matter the cost,” he said on Friday.
“There will be a day of reckoning for this, and unfortunately, American families will pay the price if Democrats have their way. It’s time to say enough. Republicans won’t raise the debt ceiling. We won’t cut Democrats another blank check and allow them to keep hurting families with insane spending and raging inflation. We won’t let the total lack of accountability in Congress continue.”