Joe Has Been Wrong For A long Time

New York City NY

Description

I think it's the peak of the [inflation] crisis." -Joe Biden in December of 2021 Inflation rose by 8.3% in August, coming in higher than economists' predictions and triggering a massive stock market selloff. Inflation has been at least 5% or higher for the past 15 straight months of Biden's residency, with the last three months coming in at: July: 8.5% June: 9.1% May: 8.6% Perspective: The day Biden took office, Trump handed him an economy experiencing very low 1.4% inflation. Since the day Biden took office, inflation has risen by 13.2% overall. Perspective: If you divide 100% of your yearly income by 12 months, it equals 8.3% per month. So 8.3% inflation means YOU LOST EXACTLY ONE MONTHS WORTH OF SPENDING INCOME thanks to Joe Biden's economic policies. Here are some of the ways that prices rose in August, compared to one year ago: 🏠 Home utility gas: +33% ⛽️ Gasoline: +25.6% 💡 Electricity: +15.8% 🍳 Food at home: +13.5% 🚙 New cars: +10.1% 🛻 Used cars: +6.2% 🏘 Shelter: +6.2% 🏥 Medical care: +5.6% 🥛 Milk: +17% 🥩 Meat, poultry, fish, eggs: +10.6% Bad timing Joe happened to be holding a signing ceremony. So as scary inflation data was coming in, Joe Biden was throwing a party to declare his success fighting inflation