The American people know the truth.
A new poll found that 88% of Americans expect inflation to worsen under Biden.
88% also called inflation an “important or somewhat important” political issue for them.
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Virtually all people in the United States, 88%, believe that inflation is here to stay and will skyrocket further, continuing a worrying trend under President Joe Biden.
While the White House has given mixed signals on the potential for inflation, projections shared with the Secrets of Statista’s Research Department show that it will increase by about 2.5% through 2024 and will “come down” by 2026. It is currently at about 2.5%. 5.4%.
And people are feeling the heat, paying 45% more for gasoline, 44% more for fuel oil, 5.6% more for milk and even 8.4% more for bacon.
As a result, many are discouraged and ready to criticize politicians. The hashtag #Bidenflation has been trending recently.
Here are the inflation figures per item:
These are the elements that really drive inflation:
Car rental 87.7% (year-on-year change)
Used cars 45.2%
Laundry machines 29.4%
Fresh fish 6.4%
New cars 5.3%
Rent (REA) 2.3%
– Heather Long (@byHeatherLong) July 13, 2021
The Biden administration tried to prevent rising inflation and gas prices by telling Americans they were saving $ 0.16 cents on their July 4 cookout.
It did not work.
The Gateway Pundit previously reported:
Well, Biden is giving Americans 16 cents in savings, and he brags about it!
In reality, the White House claimed that a July 4 cookout in 2021 is down $ 0.16 from last year.
However, not a word about gas prices.
Gasoline prices hit a 7-year high as stations ran out of fuel before the July 4 weekend.
The US national average price for regular gasoline is $ 3.10 per gallon, 42% more than this time last year.