There is no denying – the Biden economic agenda is FAILING the American people.
Texas Insider Report WASHINGTON, D.C. – President Biden and House Democrats’ socialist policies and out of control government spending are not working for the American people. Today, the Bureau of Labor Statistics reported December's consumer price index (CPI) increased 7%, the fastest pace since June 1982. Inflation is a tax on ALL Americans and has increased every month of Joe Biden’s presidency.
2021 was the worst year for inflation since 1981 and real wages decreased under the Biden administration 8 out of 11 months since taking office.
Here is how inflation affects Texans:
- Gasoline prices are UP 49.6%
- Used car prices are UP 37.3%
- Rental car and truck prices are UP 36%
- Propane, kerosene, and firewood prices are UP 33.8%
- Beef and veal prices are UP 18.6%
- Bacon prices are UP 18.6%
- Pork prices are UP 15.1%
- Egg prices are UP 11.1%
Hardworking Americans and small businesses are paying the price of President Biden and Democrats' failed economic policies and far-left socialist agenda.
What is their solution? Double down on their extreme tax-and-spend agenda.
There is no denying the Biden economic agenda is FAILING the American people.