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Disastrous New Inflation Numbers Show Biden’s Economic Crisis Worsening

Mar-a-Lago, FL— New Consumer Price Index data proves Joe Biden’s reckless spending and radical, leftist policies are devastating American families and destroying America’s economy.

Inflation continues to spiral out of control, hitting 6.4% in January—with natural gas prices alone skyrocketing over 26.7% in the past year.

According to the Wall Street Journal, in the last year, grocery prices have increased more than 11.3%, electricity costs are up 11.9%, and transportation service costs are 14.6% higher under Joe Biden.

In 2020, President Donald J. Trump handed Joe Biden a booming economy with an inflation rate of only 1.2%. By 2022, Joe Biden wiped out the middle-class gains President Trump achieved, causing 9.1% inflation, a 40-year record high.

According to NBC News: “Monday, the New York Federal Reserve reported that the median expected growth in household income dropped from 4.6% to 3.3%. That is the largest one-month drop in the nearly 10-year history of the survey.”

In other words, U.S. households are not only expecting a slowdown in income, they also expect that slowdown to be quite large.

Gallup reported that, “a majority of Americans, 56%, now say price increases are causing financial hardship for their household, up from 49% in January and 45% in November.”

report from the Heritage Foundation analyzed consumer prices and inflation and found that average Americans lost $7,400 in annual income since Biden took office.

Amid the Bidenflation crisis, real wages have remained negative for 22 months straight. Biden’s senseless spending spree has caused prices to soar and take-home pay to fall for millions of Americans.

“On a month-by-month basis, however, prices increased by 0.5% in January compared with a slower gain of 0.1% in December. The acceleration was driven by shelter costs,” as reported by USA Today.

In Biden’s America, a majority of Americans are living paycheck to paycheck and more than 40% of Americans have been forced to stop saving for retirement.

On top of all the economic misery Biden has created, his war on energy has fueled inflation as the “energy index rose 2% compared with the prior month. Gasoline prices rose 2.4%. Compared with a year ago, energy prices are up 8.7% and gasoline prices are up 1.5%,” per Breitbart News.

Biden has overseen the worst economic decline since the Great Depression. When President Trump returns to office, he will deliver economic opportunity and prosperity for Americans of all backgrounds, lower inflation, and cut wasteful government spending.

 

ICYMI: @realDonaldTrump on Truth Social

Bill Maher dropping big. His ratings are way down in the second week, substantially lower than his abysmal start. This experiment has already turned out to be a major failure, but in all fairness to Maher, CNN could kill anyone’s career. Now if only the RINOs, who want to show how cool they are, wouldn’t put him on their shows!

 

The Real Nikki Haley – Hillary Clinton Is an Inspiration to Nikki Haley

In a 2012 interview with the New York Times, Nikki Haley said, “The reason I actually ran for office is because of Hillary Clinton.” (New York Times, 4/4/12)

Haley Supported Paul Ryan’s Plan for Entitlement Reform, Threatening Medicare and Social Security

Haley “praised Ryan’s Medicare proposal at the time and said lawmakers should examine Medicare and Social Security spending to address federal debt.” (Washington Post, 2/9/23)

“What they need to be doing is looking at entitlements,” Haley said in a 2010 interview on Fox News. “Look at Social Security. Look at Medicaid. Look at Medicare. Look at these things, and let’s actually go to the heart of what is causing government to grow, and tackle that.”

In a tweet highlighting a news article about Social Security costs, Haley wrote, “the pandemic is expected to weigh on the financial condition of Social Security” and that it is “time for Congress to start cutting not spending.” (Twitter, 4/23/20)

Instead of Finding a Peaceful Solution to the Ukraine-Russia War, Haley Has Supported Sending More American Fighter Planes to Fuel the War

Haley gave an interview on FOX News and said the United States should get “Ukraine what they’ve asked for, which is those planes.” (Tweet, 4/28/22)

She also admitted the Ukraine invasion “never would have happened” under President Trump: “As much as everybody wants to talk about what he says, what I look at is what he did. He sanctioned Russia. He expelled diplomats. He shut off Nord Stream 2. He built up our military, and he made us energy independent. All of those things countered Putin and countered Russia. This never would have happened under Trump.” (Meet the Press interview, 3/6/22)

Haley is Weak on Immigration and Does Not Support a Border Wall

She has been critical of ending birthright citizenship and building a wall along the Mexican border. (USA Today opinion, 9/5/15)

HALEY: “Legal Immigrants are more patriotic than most Americans these days.” (Dom Giordano Show, 9/8/22)

Haley defended Barack Obama when President Trump criticized the former president on weak immigration policies that puts Americans at risk. (CNN, 1/13/16)

Haley’s deputy at the United Nations is a Never Trumper and helped Mark Zuckerberg create his open borders lobbying group. (Breitbart, 4/17/18)

The group “serves as an open borders lobbying group for Silicon Valley’s tech conglomerates. FWD.us is a pro-amnesty, pro-foreign labor organization funded by the elites of Silicon Valley – including Zuckerberg, Microsoft co-founder Bill Gates, and former Microsoft CEO Steve Ballmer.”

Haley Did Not Support a Transgender Bathroom Bill to Protect Children

A South Carolina lawmaker introduced a bill on Wednesday that would mandate that public restrooms and school bathrooms in the Palmetto State only be used based on the gender listed on a person’s birth certificate. (Washington Post, 4/7/16)

HALEY: “I don’t believe it’s necessary.”

President Trump Brought Otto Warmbier Back Home from North Korea, When Obama and Others Failed

The Warmbiers credited Trump with securing Otto’s release in June of 2017, after he spent 17 months in detention in North Korea. (USA Today, 9/14/19)

President Trump brought the Warmbier Family to the State of the Union to honor their son and highlight their efforts to bring him back home. (YouTube video, 1/30/18)

Haley Flip Flops On 2024 Race

An Associated Press reporter asked if she would support the former President if he chooses to run again. She bluntly responded, “yes.” (Breitbart, 4/12/21)

HALEY: “I would not run if President Trump ran.” (Tweet, 4/12/21)

 

 

 

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