If every check had a line item showing the true cost of Biden’s rising prices, he wouldn’t get away with claiming he’s not taxing Americans making less than $400,000 a year.
Why? Inflation is essentially a tax Americans pay every time they buy anything. Take the price of chicken wings. Some restaurants have increased prices by more than 25% under Biden.
And it’s not just chicken wings – it’s almost everything, including energy costs. Oil prices have surged 10% in September to the highest level in 7 years. Biden’s response? Attacking American energy and begging foreign oil producers like OPEC to pump more oil. If only we had more pipelines.
Even liberal economists are sounding the alarm. Just last Saturday, former Obama economic adviser Larry Summers tweeted in all caps: “WE HAVE AN INFLATION PROBLEM.”
…..Record labor shortages, product bottlenecks, and liquidity overhangs. WE HAVE AN INFLATION PROBLEM.
— Lawrence H. Summers (@LHSummers) October 2, 2021
Americans are feeling the squeeze, small businesses are struggling, and liberal economists are tweeting in all caps … but Biden has his ear plugs in and blinders on, determined to pass his trillions of dollars in reckless socialist spending no matter the cost, and no matter the price paid by the American people.
