is killing us!
The dark reality of Bidenomics is 18.8% inflation under the President’s watch, which is 6.0% on an annual basis. When he took office, inflation was at just 1.4%. Since March 2021, it has stayed above the Federal Reserve’s 2% target (37 consecutive months.)
Inflation results from excessive Federal Reserve money printing and government spending, expanding the money supply. This leads to prices rising and effectively acts as a hidden tax on everyone.
…According to Mark Zandi, the chief economist at Moody’s Analytics, the typical U.S. household now requires $1,069 more each month (equivalent to $12,828 annually) compared to three years ago.
Yeah, it’s a BIG issue, and people are rightly worried.