According to today’s Consumer Price Index report, we’ve now had 25 consecutive months of negative real wages year over year.
Equally worrying, the report shows that more inflation pain is to come. Core consumer prices – excluding food and energy – rose 5.5 percent compared to last year as Bidenflation refuses to break.
Real wages have been negative ever since Biden forced through his $1.9 trillion “stimulus.” Now, Biden is threatening default in an attempt to double down on his destructive, inflationary agenda that sent prices surging. Americans want a change of course – that’s exactly what Republicans have offered by responsibly raising the debt limit.
