Americans everywhere know that under “Bidenomics,” you pay more and get less.
But what do those price increases mean in terms of dollars and cents? Congress’s Joint Economic Committee has an answer. JEC estimates that Bidenflation cost the average American family $953 in October alone, and will cost the average American family $11,434 over the next 12 months.
But what about since Biden took office? JEC estimates that families have lost over $18,860 paying for the increased cost of living under “Bidenomics.” Those increases are felt across the board. Here’s the money Americans have lost paying higher:
Here’s the point: The next time Biden brags about “Bidenomics” or insists his plan is “working,” remember that “Bidenomics” has cost the average American family $18,860.
