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Biden's Economic policies are a plus
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(07-12-2023, 05:53 PM)pally Wrote: a dozen of Kroger grade A large eggs is $1.89

The current driver of inflation is housing costs

You left price of gasoline was $2.38 when Biden took office versus $3,57 now. that is a $1.19 increase or around 50%.

https://www.automotive-fleet.com/10134992/national-average-gas-prices-rise-steadily-in-2021

Housing inflation is an issue. A lot is due to high interest rates for mortgages.

Business loans are an issue due to high interest rates.

Food is up 22.4% since Biden took office. 
2021 - 6.3 %
2022 - 10.4%
2023 - 5.7%

Trump's food increase from 2017 to 2020 was 9% over 4 years.
2017 - 1.6%
2018 - 1.6%
2019 - 1.9%
2020 - 3.9%

https://www.usinflationcalculator.com/inflation/food-inflation-in-the-united-states/

This is an example of why Democrats pounding their chests and saying the economy is great under Biden is a farce. I saw today the average family lost $8,000 to $30,000 a year due to inflation since Biden took office. The middle class as those in poverty feel the inflation every day, no hiding from it but trying to put lipstick on a pig.
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RE: Biden's Economic policies are a plus - Luvnit2 - 07-12-2023, 06:52 PM

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