Joe Biden disastrous economic failures pushed inflation so high that it cause prices to go up more than 20 percent during his destructive presidency.
The rate of rising inflation has slowed lately. But prices are still very bad for most Americans.
Per Just the News:
The federal government released a a key inflation marker Friday, its Personal Consumption Expenditure index, which rose 2.4% last month, a bit less than expected.
Overall, though, prices have risen more than 20% since Biden took office.
According to the federal CPI inflation calculator, $100 in January 2021, when Biden took office, has the same buying power as $120 as of November of this year. That means $100 went much further in 2021 than it would today.
The price of groceries actually rose faster than overall inflation, increasing more than 22% since Biden took office.
Biden is leaving office giving Americans the finger.
It is going to be hard for Trump to fix this. But I am guessing he can do it. He did it the first time.
Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston, or Truth Social @WarnerToddHuston
