January 20, 2023 | Rapid Response | RNC Communications
Economy

Americans are poorer 2 years later

Rapid Response

Americans are poorer than when Joe Biden took office. That is a fact.

Why? Mainly because of all the money families have lost to Bidenflation. In fact, Congress’s Joint Economic Committee calculates that families have lost over $9,300 paying for the increased cost of living.

The pain is acutely felt for those goods everyone needs to buy – food, energy, and shelter:

  • More Spent On Food Since Biden Took Office: Over $1,100
  • More Spent On Energy Since Biden Took Office: Over $2,250
  • More Spent On Shelter Since Biden Took Office: Over $1,100

Biden bizarrely likes to brag about gas prices, but a gallon of gas costs $1 more per gallon than when he took office, and has been above $3 per gallon for almost 20 months.

Two years in, and Biden’s agenda has made Americans poorer. That’s nothing to brag about.