Bidenomics and Bidenflation
The End of America if We Don’t Stop Him
Since Biden assumed office, prices have surged by a staggering 19.9% from a low of 1.4%, pushing essential goods and services out of reach for hardworking families nationwide.
These numbers are staggering, and every American deserves the truth. Many are dismissed, told their feelings of being worse off under Biden are just perceptions, but the reality is far more dire. The majority of Americans are struggling to stay afloat as the prices of all goods and services have skyrocketed. It's not just a feeling; it's a harsh reality affecting families nationwide. Everyone should understand that their struggles are valid and shared by countless others.
Americans spend over $12,800 more annually to buy the basics because of Bidenflation compared to three years ago.
That is half the income of the over 92 million Americans (28%) living on $32K or less.
That is 20% of the income of roughly 243M (73%) of the American “working” middle class.
Americans are paying more for just about everything because of inflation since Biden took office:
Food at elementary and secondary schools is UP 64.9%
Gasoline (all types) is UP 55.5%
Eggs are UP 43.5%
Airfare is UP 38.2%
Baby food and formula is UP 30%
Frozen vegetables are UP 29.4%
Electricity is UP 28.5%
Public transportation is UP 26.1%
Butter is UP 26.1%
Cookies are UP 25.9%
Breakfast cereal is UP 24.3%
Pet food is UP 23.1%
Eating out is UP 21.8%
Groceries (Food at home) are UP 21.3%
Rent is UP 20.8%
Used cars are UP 20.4%
From April 2023 to April 2024, the prices for the following goods increased:
Frozen noncarbonated juices and drinks are UP 29.2%
Motor vehicle insurance is UP 22.6%
Transportation services are UP 11.2%
Uncooked beef roasts are UP 10.1%
Hospital services are UP 7.7%
Frankfurters are UP 7.1%
Food from vending machines and mobile vendors is UP 7.3%
Tobacco and smoking products are UP 6.7%
Sugar and sugar substitutes are UP 6.6%
Owners’ equivalent rent of residences is UP 5.8%
Shelter is UP 5.5%
Baby food and formula is UP 5.1%
Other food away from home is UP 5.0%
Canned vegetables are UP 4.8%
Energy services are UP 3.6%
Real average weekly wages are down 4.4% since Biden took office.