The Consumer Price Index (CPI), a key inflation index, rose at an increased annual rate of 3.7% in September, coming in well above economists’ expectations and highlighting how Bidenomics continues to fail the American people.
MAKE NO MISTAKE: America’s surging inflation is a direct result of Joe Bidena and Extreme Democrats’ reckless spending, which House Republicans are committed to reining in.
Bidenflation Stays Hot As Bidenomics Continues To Fail The American PeopleShare on Facebook Share on Twitter Print this Page Share by EmailWashington, October 12, 2023Tags: Biden’s Economic Crisis , An Economy That’s StrongThe Consumer Price Index (CPI), a key inflation index, rose at an increased annual rate of 3.7% in September, coming in well above economists’ expectations and highlighting how Bidenomics continues to fail the American people.
MAKE NO MISTAKE: America’s surging inflation is a direct result of Joe Bidena and Extreme Democrats’ reckless spending, which House Republicans are committed to reining in.
BIDENOMICS BY THE NUMBERS:
- Inflation is a tax on ALL Americans.
- When Joe Biden took office, inflation was at just 1.4%.
- Americans are paying more for just about everything because of inflation:
- Frozen noncarbonated juices and drinks are UP 21.3%
- Admission to sporting events are UP 18.9%
- Motor vehicle insurance is UP 18.9%
- Food from vending machines and mobile vendors is UP 16.0%
- Motor vehicle repair is UP 14.9%
- Frozen vegetables are UP 11.6%
- Uncooked beef steaks are UP 9.7%
- Baby food and formula is UP 9.2%
- Transportation services are UP 9.1%
- Food at employee sites and schools is UP 9.1%
- Other lodging away from home including hotels and motels is UP 8.0%
- White bread is UP 7.8%
- Candy is up 7.5%
- Rent of primary residence is UP 7.4%
- Cereals are UP 3.6%
- Americans’ real average hourly earnings decreased 0.2% from August to September.
- Prices have risen by 17.1% since Biden took office.
- Under Joe Biden’s failed economic agenda, Americans are spending$709 more per month to buy the exact same goods and services than they did just two years ago.
- Credit card, auto loan, and consumer loan delinquencies are at theirhighest levels since the Great Recession.
- A new survey from Gallup found a “record-high” percentage of Americans trust Republicans to manage the economy over Extreme Democrats.
- In a new NBC poll, only 28% of Americans said they were “very” or “somewhat” satisfied with the state of the economy, the lowest level of economic satisfaction in nearly a decade of the network’s polling.
- The same survey showed that Republicans hold a whopping 21-point advantage over Democrats on the economy, the largest lead Republicans have held in 32 years.
Source: GOP.gov – Midtown Tribune News
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