Biden Scrambles To Conceal Newest Economic Data Before Midterms

In only one year’s time, Joe Biden has succeeded in completely destroying the bustling economy Donald Trump worked tirelessly to create.

Each one of Biden’s domestic policies he’s enacted thus far has caused serious hardships for the American people. The cost of doing business has increased exponentially, which immediately impacts the American consumer and limits their ability to pay for daily necessities.

The red tape regulations, bloated bureaucracies, and skyrocketing tax rates essentially guarantee that average American workers will be forced to part with more of the hard-earned dollars.

A slight decrease in the rate of inflation – from 8.5% to 8.3% – wasn’t enough to meet economists’ expectations, according to the consumer price index, and Americans are beginning to feel the squeeze on their pocketbooks (if they haven’t already.)

The much-anticipated numbers reported by the Bureau of Labor Statistics revealed that inflation is still going strong despite the Federal Reserve’s interest rate hikes and is near the worst it has been since February 1982 during the Great Inflation that helped bring President Ronald Reagan to office.

If we’re lucky, Bidenflation will have a similar result and will bring about complete Republican control of both houses of Congress, the White House, and the judicial branch in order to fix what Biden and the Democrats broke.

The historic inflation rate has had a seriously negative impact on the way Americans view the Biden administration. His approval ratings are abysmal, and his fellow Democrats aren’t fairing much better.

Consumer prices have been rising fast since last August, especially for staples such as food and gas. Typical weekly grocery bills, for example, have risen by more than $30.

Energy prices moderated in April but have soared 30.3% over the past year, while food prices have surged 9.4%, according to the data released on Wednesday.

Among the items most notable affected by Bidenflation are home prices, airline fairs, new and used vehicles, medical care, hospitality & recreation, and apparel.

In other words, anything you’d ever hope to purchase is more expensive under the Biden administration — and more inefficient, too!

In March the criminals over at the Federal Reserve announced they would be raising interest rates by a 0.25% — the first rate hike since 2018. The rising interest rate is ostensibly supposed to rein in higher prices due to Bidenflation, but most Republicans are highly doubtful.

This month, the Federal Open Market Committee also announced it would increase its interest rate target by a half percentage point. Some economists have voiced concern that both of these actions by the central bank could result in a major economic recession, which would certainly eliminate the Democrats’ chances come November.

Making matters worse, the ongoing war in Ukraine is contributing heavily to skyrocketing inflation rates — a convenient¬†scapegoat for Biden and the Democrats, who are desperate to skirt blame for the current economic decline.

Let’s Go Brandon!

Author: Vasily Ivanov 

Most Popular

These content links are provided by Content.ad. Both Content.ad and the web site upon which the links are displayed may receive compensation when readers click on these links. Some of the content you are redirected to may be sponsored content. View our privacy policy here.

To learn how you can use Content.ad to drive visitors to your content or add this service to your site, please contact us at [email protected].

Family-Friendly Content

Website owners select the type of content that appears in our units. However, if you would like to ensure that Content.ad always displays family-friendly content on this device, regardless of what site you are on, check the option below. Learn More



Most Popular
Sponsored Content

These content links are provided by Content.ad. Both Content.ad and the web site upon which the links are displayed may receive compensation when readers click on these links. Some of the content you are redirected to may be sponsored content. View our privacy policy here.

To learn how you can use Content.ad to drive visitors to your content or add this service to your site, please contact us at [email protected].

Family-Friendly Content

Website owners select the type of content that appears in our units. However, if you would like to ensure that Content.ad always displays family-friendly content on this device, regardless of what site you are on, check the option below. Learn More