Today’s consumer prices report has busted Biden’s spin – inflation is still surging.
Consumer prices have been at or above 5% for 16 straight months. Real wages have been negative for 17 straight months, ever since Biden passed his “stimulus.”
That’s the reality of Biden’s economy – he has delivered the Great American Pay Cut. Unfortunately for American families, Economist Tyler Goodspeed noted today that all indictors point to high inflation being here to stay.
You would’ve thought Biden would’ve learned his lesson when he sent our economy into a spiral for working Americans with his wasteful stimulus. But instead, he doubled down and spent more bailing out the wealthy.
Declining real wages and poorer families – those are the realities of the economy delivered by the Pay Cut President.
