Criticism is mounting against President Joe Biden's economic policies, with several political figures attributing the rising inflation and increased living costs to his administration's actions. Inflation has reportedly surged by 18.6% since Biden took office, significantly impacting the average American family's expenses, including a notable rise in basic necessities such as food and energy, with energy prices up 34.6%, grocery prices up 21.1%, and rent prices up 20%. This inflation is costing the average family over $1,000 per month, amounting to $12,000/year. The Consumer Price Index (CPI) saw a 3.2% increase in February alone. Critics argue that Biden's proposed $7.3 trillion budget, which is $500 billion more than the previous fiscal year and totals $86 trillion over the next decade, will exacerbate the situation. This budget includes a $1.8 trillion deficit, raising concerns about further inflationary pressures. Comparatively, under President Trump's tenure, real weekly wages rose by 8.2%, and the average yearly inflation rate was maintained at 1.9%. The current administration's economic strategy, dubbed 'Bidenomics' by detractors, is under fire for contributing to a decrease in real weekly wages by 4.2% and an increase in gas prices by over 40%.
Americans continue to be robbed by inflation under President Biden, yet he plans to tax and spend more. https://t.co/HSCEvpAqmt
Inflation continues to put a burden on families. No matter how Pres. Biden tries, he's not convincing them that his policies didn't fuel it. Bidenomics is costing the average household over $1k extra each month. https://t.co/G8UMmyTLcY
Yesterday, Biden announced he wants to increase spending next year by $325 billion. Today, it was reported that inflation last month rose higher than expected. Out-of-control spending causes inflation. If we have 4 more years of Biden, we’ll have 4 more years of #Bidenflation.
Inflation ticks higher but Mr. Biden wants rate cuts and a $7.3T federal budget. He’s polling badly even with a strong economy because prices are still so much higher than when he took office. He will make it worse (help Trump) with more inflationary policies. Consumer Price…
Inflation is up 18.6% since President Biden took office. Yesterday, he unveiled a $7.3 trillion budget proposal with a $1.8 trillion deficit. Excess spending isn’t the answer to inflation, it’s the catalyst. Americans cannot afford Biden’s agenda.
Since Biden became president this is our reality: Inflation UP 18.6% Avg weekly earnings DOWN 4.2% Avg yr/yr inflation 5.6% ✈️Air fare UP 31.4% 🛢️Nat-gas UP 30% 🍼Formula UP 29.6% 🔌Electricity UP 28.4% 🐕Pet food UP 22.7% 🍽️Food UP 21.2% 🚌Pub. transport UP 20.8% 🏠Rent UP 20%
The CPI surged 3.2% in February, marking an 18.6% increase since Biden took office. Americans spend over $1,000 more per month than three years ago. Biden's solution? A $7.3 trillion budget, $500 billion more than FY 24, totaling a staggering $86 trillion over the next decade. https://t.co/Jv53FL66VW
Since President Biden took office, overall prices are now up 18.6%. That’s costing the average family $12,000/year. Energy prices📈34.6% Grocery prices📈21.1% Rent prices📈20% https://t.co/vKidUJoE8v
In Biden's economy, inflation is costing the average family over $1,000 per MONTH. Americans simply can't afford Joe Biden any longer.
#Bidenflation is a tax on ALL Americans. Since Joe Biden took office, prices are up 18.6% and real wages are DOWN 4.2%. Under President Trump, inflation was at just 1.4% and real wages rose 8.2%.
Under President Trump, real weekly wages rose 8.2%, gas prices were essentially flat, and the average yearly inflation rate was 1.9%. Under Biden, real weekly wages are down 4.2%, gas prices are up over 40%, and costs have increased 18.6%.
President Biden’s reckless, out-of-control spending has fueled rising inflation. For the second straight month in 2024, basic necessities like food and energy costs have risen. Bidenomics continues to fail, hurting hard working Americans. https://t.co/6EQwlKXRXB
Bidenflation CONTINUES to rise. https://t.co/M4fcGcBcaz
President Biden’s reckless, out-of-control spending has fueled rising inflation. For the second straight month in 2024, basic necessities like food and energy costs have risen. Bidemonics continues to fail, hurting hard working Americans. https://t.co/6EQwlKXRXB
Inflation continues to go up, robbing families of their hard-earned income. No matter how much President Biden tries to spin it, Americans know ‘Bidenomics’ is a failure and running our economy into the ground. https://t.co/FsECOdzWlW
Since Joe Biden took office, prices have skyrocketed. This isn't by accident — this is what happens when Democrats recklessly spend. Because of it, Americans are suffering from inflation every day. Joe Biden doesn’t care — his new proposal would spend $7.3 TRILLION. ↓
❖ BIDEN SAYS WAGES KEEP GOING UP, INFLATION KEEPS COMING DOWN
🔴 BIDEN: WAGES KEEP GOING UP, INFLATION KEEPS COMING DOWN.