Year-over-year inflation clocked in at 3.4 percent in April.

It’s the 37th straight month above the Fed’s target rate and another month of sky-high price hikes in the Biden economy.

SINCE BIDEN TOOK OFFICE:

Gas: +55.5%
Groceries: +21.3%
Eating out: +21.8%
Baby food: +30%
Pet food: +23.1%
K-12 food: +64.9%
Rent: +20.8%
Electricity: +28.5%
Natural gas: +22%
Used cars: +20.4%
Airfare: +38.2%
Public transportation: +26.1%
Real average weekly earnings: -4.4%

— Jacki Kotkiewicz (@jackikotkiewicz) May 15, 2024

Nearly HALF of Americans consider themselves “BROKE” under Biden, and it’s easy to see why.

Overall prices are up nearly 20 percent under Biden — with electricity up 28.5 percent, groceries up 21.3 percent, and rent up 20.8 percent since he took office.

Americans’ real average weekly earnings, meanwhile, are DOWN by 4.4 percent under Biden; they rose by 8.2 percent during President Trump’s term.

Annualized inflation has averaged 5.5 percent under Biden — more than DOUBLE the level of inflation under any of the last four presidents. Under President Trump, inflation averaged 1.9 percent — right on target.

Biden’s 2021 prediction that long-term inflation was “highly unlikely” isn’t aging well (much like him).

Americans know the only way back to economic prosperity is re-electing President Donald J. Trump in November.