Brutal drivers
Knewz.com is reporting that the Biden administration has recently come under scrutiny for an increase in inflation across America over the past several years. As reported by Forbes, inflation “has been far worse during the Biden administration” compared to former President Donald Trump.
Inflation was up 6% under Trump’s first 42 months compared to over 20% for Biden. The Biden administration has blamed the COVID-19 pandemic and the Russia-Ukraine war.
“Inflation has been one of the most brutal drivers of the pressure being felt by everyday consumers in recent years. Almost nobody can keep up with the cumulative rise in prices,” Alliance for Consumers executive director O.H. Skinner said.
Inflation has increased by approximately 21% since November 2020, resulting in much higher prices for consumers as they get ready to cast their votes in the 2024 election.
Declining real wages
“Inflation has increased by 21% under the Biden-Harris administration, resulting in declining real wages and a cost of living crisis for ordinary Americans,” Jobs Creator Network president Alfredo Ortiz said.
“Only by electing conservatives who believe in a sound dollar, economic growth, and deficit reduction can we finally make America affordable again.”
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