reported this month that the consumer price index increased 9.1 percent for the 12 months ending in June, the largest 12-month increase in more than 40 years. “The increase was broad-based, with the indexes for gasoline, shelter, and food being the largest contributors,” it said. Letting inflation mushroom the way this White House has — and then cavalierly denying its existence or blaming others for it — is a slap in the face to the countless Americans who are suffering under skyrocketing gas and food prices.
My boys insisted on eating at Subway after their swim lessons tonight. We got four kids meals, one combo, and one 6 inch sub for $50.08.Gas is also still over $5 per gallon here. Hope everyone is enjoying Biden’s America. pic.twitter.com/ip9nNWvmUb — Jason Jones (@jonesville) July 29, 2022
Americans are not buying this, @PressSec.How does 40-year high inflation mean the U.S. is “stronger economically than we have been in history?” https://t.co/8Nh2t77Sb5 — Sen. Marsha Blackburn (@MarshaBlackburn) July 7, 2022
And it’s not just poorer Americans who are tightening their belts. Some 72 percent of U.S. consumers across all demographic groups have taken steps to save money as a result of surging inflation, according to a Morning Consult survey of more than 1,100 adults conducted June 1-4. The food and beverage industry is being hit particularly hard by the rampant food inflation under Biden, as 53 percent of American adults said they’ve changed their eating and drinking habits to slash expenses. “More than 8 in 10 respondents who say they’ve made adjustments are eating out at restaurants less often,” Morning Consult reported. “Roughly three-quarters are going to bars less often.” [firefly_poll] “Consumers are also cutting back on specific, high-priced categories like meat, as well as discretionary categories such as alcohol,” it said. The survey had a margin of error of plus or minus 2 percentage points. So there you have it. The Biden presidency is an utter failure. Unfortunately, there are still 17 more months to go before we can expect any relief from this absurd comedy of errors. This article appeared originally on The Western Journal.
One of the biggest problems in the Biden White House is their habit of refusing to admit there are problems – Afghanistan, inflation, and now a recession. Their unconvincing spin, and the attempts by many in the press to sell it, discredit everyone involved.— Peter Cook (@_Peter_Cook) July 29, 2022