Friday, August 18, 2023

Bidenomics - Cold, Hard Facts

“Bidenomics” is a major drag on American families.

Here are the cold, hard facts:

🚩 Prices are up by 16.9% since Biden took office.

🚩 Real wages are down by about three percent since Biden took office.

🚩 The nationwide average for regular gas is up $1.48/gallon since Biden took office.

🚩 Americans have paid over $2,250 more in increased energy costs since Biden took office.

🚩 Americans’ savings, real incomes, and economic confidence are all down.

🚩 Households are spending $709 more than they did two years ago for the same goods and services.

🚩 Credit card debt is at an all-time high as credit card delinquencies have surpassed pre-pandemic levels.

🚩 Americans are being punished by the highest interest rates in 22 years.

🚩 Nearly 20 million American households are behind on their utility bills.

🚩 60 percent of workers report living paycheck-to-paycheck — including 73 percent of millennials.

🚩 Nearly three-fourths of Americans say their financial situation is not improving, while almost half say it’s actively “getting worse.”

🚩 Most Americans think the country is on the wrong track.

🚩 Americans have lost an average of $10,000 paying the increased costs of living under Biden.

That's “Bidenomics.”
Brutal. 

 

 

Biden has been a disaster for American families.

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