07-12-2023, 07:20 PM
(07-12-2023, 06:52 PM)Luvnit2 Wrote: 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 open 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.
Now think really really hard and maybe you can come up with a reason that gas prices were so low when Biden took office.
And while transportation costs have contributed to food cost increases....the climate and natural disaster impact on food crops over the last 3 years have been monumental. Presidents can do a lot...but much of what hit the agricultural economy is out of their or anyone's control.
Fueled by the pursuit of greatness.
