Criticism of the Biden administration's economic policies, referred to as 'Bidenomics,' is mounting as lawmakers and commentators highlight the financial strain on American families. According to Rep. Houchin on January 26, 2024, inflation has surged by 17.2% since President Biden took office, with Americans now spending an additional $11,400 annually on basic necessities. Rep. Lesko echoed this sentiment, questioning the strength of the economy and pointing out the disconnect between the administration's narrative and the reality of rising prices. Rep. Fulcher also noted the increased annual spending due to inflation on the same day. Additionally, commentator Mitchellvii pointed to the housing market on January 27, 2024, where median home prices have jumped from $250,000 in 2019 to $400,000 in 2023, and mortgage interest rates have more than doubled under the current administration. Rep. Feenstra criticized persistent inflation for leaving families with little savings after covering gas and groceries. RNCResearch added on January 28, 2024, that overall prices have risen by 17.3% during Biden's presidency, with gas prices up by 30%. CortesSteve argued that despite media efforts to portray a positive economic narrative, the reality is harsh, especially for working-class citizens, as evidenced by his data and BATTLEGROUND polling, including a piece titled 'Top Five Reasons the Biden Economy Stinks'.
The Biden Economy Stinks, despite media propaganda efforts. See the reality. My video and article with BATTLEGROUND polling on the failures of #Bidenomics, especially for working-class citizens. https://t.co/hHn0rhzwVh https://t.co/b6XoT9ROEE
The Biden Economy Stinks, despite media propaganda efforts. See the reality, by the numbers, in my video and article with BATTLEGROUND polling on the failures of #Bidenomics, especially for working-class citizens. https://t.co/bbqszjMLmz https://t.co/jP5znvTrxV
Americans are struggling, and they know it! Despite media propaganda, Bidenomics crushes Americans' budgets & saps spirits, in spite of a deficit-fueled GDP print. My newest: Top Five Reasons the Biden Economy Stinks, w/ data & BATTLEGROUND polls 1/11 https://t.co/bbqszjMLmz https://t.co/zznSuEY0nt
Biden brags about overall prices (up 17.3% during his presidency) and gas prices (up 30% from when he took office) https://t.co/vHGneMScgk
We can thank #Bidenomics for the financial pain that American families are feeling. Persistent inflation has forced people to spend more on gas and groceries, leaving little to no room for saving. We must end reckless government spending that ran our economy into the ground. https://t.co/YR8gIP7JEJ
THE TROUBLE WITH THE BIDEN ECONOMY: The median home price has risen from $250,000 in 2019 to $400,000 in 2023. Mortgage interest rates have more than doubled since President Biden took office. This rise in interest rates combined with skyrocketing housing prices has pushed the…
Americans are feeling the pain of Bidenomics as they are spending roughly $11,400 more annually while prices for just about everything continue to rise. https://t.co/kOJqcHMuvN
Biden touts a strong economy – yet he is shocked by the price of things. That’s because the economy is not strong and the American people are suffering from the effects of Bidenomics. These lies are convincing NO ONE!
Inflation is a tax on ALL Americans. When Joe Biden took office, inflation stood at just 1.4%. Since then, it has risen by 17.2%. Under Joe Biden’s failed economic agenda, Americans are spending an additional $11,400 annually just to afford the basics! https://t.co/OyTbF3mT1p