Under Biden, Low-Income Americans Face Rising Rents, Surging Food Prices, And Overrun Homeless Shelters
BIDEN’S AMERICA: GROWING HOMELESSNESS, SURGING FOOD PRICES, AND CROWDED SHELTERS
- Biden and Democrats’ far-left policies have led to rising rent prices, growing food insecurity, and overwhelmed homeless shelters.
- With prices for everything from food and rent to gas and electricity rising drastically, low-income Americans, especially those at risk of homelessness, are getting hit the hardest.
- Low-income families are hit the hardest by higher inflation rates, meaning these Americans are bearing the brunt of Biden’s price hike.
- Low-income Americans allocate a “bigger share” of their spending on high-inflation goods like food, gas, and housing, making them more vulnerable to rising prices.
- As a result, 73 percent of low-income Americans – households making less than $40,000 a year – are worried about maintaining their standard of living.
AMERICANS ARE STRUGGLING TO KEEP A ROOF OVER THEIR HEAD
- Biden’s price hike is making it harder for millions of Americans to afford rent, putting many families at greater risk of becoming homeless.
- Nationwide, rents jumped 6.3 percent in July compared to last year, rising at their fastest pace since 1986 and putting housing “out of reach for more Americans.”
- Median national rent reached a new record high in June of nearly $1,900, up 14 percent or $232 since last year according to Realtor.com.
- A $100 increase in median rent corresponds to a 9 percent increase in the estimated homelessness rate according to the Government Accountability Office.
- In June, 13.7 million Americans reported having fallen behind on their rent or mortgage payments – a 7 percent increase since April.
- 4.6 million Americans said they were “very” or “somewhat” likely to face eviction or foreclosure in the next two months, marking an astonishing 32 percent increase since April.
- Thanks to Biden’s price hike, more Americans are struggling to keep a roof over their head.
- Jeannie Jansen of Wyoming, New York, who received a foreclosure notice in early July: “I busted my butt for years to have what we have. I went without heat this winter. I’ve gone without everything. And it’s still not enough because prices are so high.”
- Venus Lopez of Tucson, Arizona: “With prices of everything going up, it’s becoming a challenge to even maintain what we have. Finding an affordable apartment keeps getting more unrealistic.”
GROCERY BILLS ARE SKYROCKETING BECAUSE OF BIDENFLATION
- Bidenflation is causing grocery bills to skyrocket, forcing many Americans to either resort to store brands, cut back on essentials, or do without certain types of food altogether.
- Because of these rising prices, more Americans are turning to food banks and government assistance to feed their families:
- Food banks across the country are facing a “drumbeat of increasing demand, month over month” according to Katie Fitzgerald, president of Feeding America.
- In Arizona, St. Mary’s Food Bank recently served 78 percent more families in one week compared to the same week last year.
- Nikki Jones of Monrovia, Maryland: “I definitely don’t want to be spending $1,600 a month on groceries.”
- Susan Pynchon of Colville, Washington: “Groceries are going up a heck of a lot faster than [my cost-of-living adjustment].”
- The Biden administration is threatening to make matters worse for low-income children by withholding funding for the federal school lunch program from schools unless they comply with the left’s definition of “gender-identity.”
HOMELESS SHELTERS ARE BECOMING OVERWHELMED
- With rising rents pushing low-income Americans out of their homes, homeless shelters are struggling to meet the demand for emergency housing, forcing some shelters to place at-risk families on waitlists.
- Staff at homeless shelters in at least 15 states report “dramatic increase[s]” in the number of Americans seeking assistance this year.
- Waitlists at some shelters have “doubled or tripled” in only a matter of months.
- Many shelters are even offering services for people who have “steady, even good-paying” jobs but cannot afford the rising cost of living thanks to Bidenflation.
- Biden’s border crisis is also worsening the homeless crisis.
- Gary Leigh, founder of a homeless shelter in Shelby, North Carolina: “We opened in December (2021). Since then, we have been at capacity pretty much the whole time.”
BIDEN’S PRICE HIKE IS CRUSHING MINORITIES AND THE ELDERLY
- As prices continue to climb, Bidenflation is having a disproportionate impact on the elderly and Black and Hispanic communities.
- A study from the Richmond Fed found that Black families experience “higher inflation rates” and face 13.5 percent higher inflation volatility compared to white households.
- Inflation is also crushing older Americans who are on a fixed income.
- A recent report found that roughly half of older Americans are unable to afford their “essential expenses.”
- 1.5 million retirees have rejoined the labor market in part because of “rising costs.”
BIDEN’S WAR ON WOMEN: BABY FORMULA AND FEMININE PRODUCT SHORTAGES CONTINUE
BIDEN MOCKS STRUGGLING AMERICANS