“Inflation SKYROCKETED to 8.3%, and Biden was having a CELEBRATION at the White House for the so-called “Inflation Reduction Act.” Americans are being CRUSHED, and this White House is throwing a party. These people don’t care about you. They HATE working Americans!!” Representative Ronny Jackson (R-TX), Admiral, USN (RET), former White House physician.
The average American household is estimated to be markedly poorer since DementiaJoe took office. According to the Heritage Foundation, “the average American family has lost $7,200 in household income under Biden, as individual Americans are $4,200 poorer, as well.”
The Gallup Poll has stated that 24% of Americans are spending less due to inflation and have been forced to changed their spending habits: 17% are driving less because of inflation, while 17% have traveled less or canceled vacations. The “president” has been to his Delaware beach house six times. He has traveled to North and South Carolina. He should consider spending cuts on personal and administration spending, instead of living high on the hog. White House Press Secretary Karine Jean-Pierre said that Biden can be president anywhere…but when will he start? The trips to Delaware aren’t on Amtrak anymore and without DementiaJoe’s lies about the conductor. This “president” has spent more time on vacation that any recent POTUS.
Economist Kenny Polcari wrote, “The Consumer Price Index is worse than expected, the market is down 1000 pts, and Joey and KJP (Karin Jean Pierre) are doing a ‘victory lap’…..Food, Electricity, Housing, Energy all up and choking average Amercans and they are celebrating their good work!” “So buy very expensive solar panels and we’ll give you 30 percent back and buy other stuff and we’ll give you 10 percent back. What is she smoking?” Talk show host Joe Pagliarulo tweeted. Yet the Press Secretary stated during a presser that the Inflation Reduction Act can reduce costs now, but only if you spend money on government approved clean energy purchases. Isn’t it wonderful that the government is telling you how to spend your money?
The increase in the food index far outpaced that of overall Consumer Price Index(CPI), rising 0.8% over the month, as the cost of eating food at home index rose 0.7%. Over the last year, the overall food index rose 11.4%, the largest 12-month increase since the period ending May 1979. And who was POTUS in 1979? The Democratic peanut farmer from Plains, Georgia.
The Labor Department reported that the CPI, which is a barometer of the price for everyday goods, including gasoline, groceries, and rents, rose 8.3% in August from a year ago. Prices climbed 0.1% in the one-month period from July. Personally, my home oil heating bill went from approximately $500.00 per tank, to my latest delivery bill of $1400.00, thanks to Joenochio ending American energy independence to dependent on countries not our allies.
Speaking from the White House lawn during his celebration, DementiaJoe called the Inflation Reduction Act the “single most important legislation passed in the Congress to combat inflation and one of the most significant laws in our nation’s history.” However, he proved once again that he is absolutely delusional regarding this bogus piece of legislation. This act has very little to do with actually reducing the inflation he inflicted on the country, but more to do with green energy and the hiring of 87,000 IRS agents.
The president said the bill would address the long-neglected climate crisis, saying it would “triple wind power, unleash American manufacturing to own the global market on electric vehicles. We’re going to fight for environmental justice and create clean energy jobs and apprentices and front-line fence communities that have been smothered by the legacy of pollution,” Biden said. What does the green deal have to do with inflation?
The day of Biden’s inauguration in January, 2021, he was gifted a robust and thriving economy despite the beginning stages of Communist China’s COVID-19 pandemic. The inflation rate was 1.9%, but the highest CPI number was 9.3%, but is now 8.3%…which is still the highest inflation rate in 40+ years. Everything across the board spiked, but there is no read to address the specific items…we all know them. And don’t forget that the orthodox, radical extremists of the socialist progressive liberal left pushed shutting down the country and was very slow authorizing the opening of businesses. It was interesting that “necessary businesses,” such as liquor stores, were allowed to remain open.
Compared to July, 2022, the seasonally adjusted food at home index rose 0.7% in August, 2022, as all major grocery store food group indexes increased:
-Cereals and bakery products rose 1.2%,
-Meats, poultry, fish, and eggs index rose 0.5%
-Fruits and vegetables rose 0.5%
-Nonalcoholic beverages increased 0.5%
-Dairy and related products increased 0.3%
-The index for other food at home products was up 1.1%.
And the Biden administration is blind to the financial squeeze on America!
Washington Post columnist Henry Olsen was realistic, for the ultra-liberal WAPO, following the release of August’s consumer price index report. Olsen wrote that the numbers could be “bad political news” for Democrats heading into the midterms, and may torpedo their chances in 2024. This columnist stated that readers not to be fooled by the .1% increase from July to August, since food prices have increased 13.5% since the same time last year. That means that the money saved on decreasing gas prices isn’t being saved, but simply “goes out the door” to pay for groceries. But it will be hard to argue that inflation is under control when prices for eggs, a family staple, are up by almost 40 percent in the past year.
To further indicate that Biden is an aloof and an out of touch elitist, he employed Air Force One(AF1), two motorcades and local police protection to travel from Washington, D.C. to Delaware just to vote. Typical presidents would file absentee ballots to avoid the high cost of traveling to their home states, but DementiaJoe made the trip to vote in person, telling the leftist bootlicking dregs of the corporate mainstream media that he was boarding AF1 simply “to vote.” The exact cost of Biden’s trip to Delaware is unclear, but the Air Force revealed in 2014 that the average cost per flying hour (CPFH) of the Presidential Boeing 747 was $206,337. As reported by Bloomberg, Biden took the smaller Boeing 757 version of AF1 on the trip. The average cost of a presidential excursion is approximately $2,500.00/minute.
According to Bloomberg once again, Obama voted absentee in both the 2010 and 2014 Illinois Democratic primaries, and former President Donald John Trump also voted absentee in the 2018 and 2020 general elections. Yet, as previously cited, DementiaJoe spent our money unnecessarily!
Biden has been criticized regarding his frequent visits to Delaware as president, spending 170 days at his beach house there since gaining office. That is just for one of his two homes in the state. As DementiaJoe is setting vacation records on our dime, the GOP have been criticizing Biden’s vacation habits throughout his presidency, Tweeting last week that he had spent 40% of his term on vacation. It’s nice to have the American people’s wallet in your pocket, considering that the average citizen has had to cut back on their spending.
As we head into the winter season please be aware that a new study commissioned by Consumer Reports, reports that an EV might lose 25%, and even exceeding 40% of its range during winter. And Biden, Buttigieg and the administration are pushing $60,000 EV’s in a recession. This president and his administration are clearly demonstrating once again how out of touch and disconnected they are with reality. And let’s not forget about the environmental damage done to the planet as lithium, magnesium and other materials are mined, which could also damage the local aquifers.
Ask yourself: Is DementiaJoe’s Inflation Reform Act helping lower the Consumer Inflation Rate of 8.3% or is it funding green causes? And remember Biden’s prediction: “If the Republicans win, inflation will get worse.” Well, I don’t know about that!
Remember, Biden is all about the ‘photo-op’ and has no concept of what things cost….and you can’t fix stupid!