Biden and the big government socialists’ cost-of-living crisis

10:16 24.09.2022 •

Biden ‘Wants You’ to be Miserable.
Illustration by “The Washington Times”

What a news! It turns out that now there are socialists, led by Biden in power in the US. “The Washington Times” writes about: “The scale of the Joe Biden-Big Government Socialists’ disaster is becoming more obvious”.

Scott Rasmussen has reported that 88% of Americans agree we are in a cost-of-living crisis. In fact, 66% – two of every three people – said it is a serious crisis.

Last week, economist Steve Moore, in his invaluable Unleash Prosperity Hotline, reported that Biden’s Big Government Socialist program had dropped real earnings by $3,000 for the average American in less than two.  

For 17 consecutive months under Mr. Biden, the cost of living has risen faster than wages. This is the largest jump in grocery prices in 43 years.

As the U.S. Bureau of Labor Statistics reported: “The food index increased 10.9 percent over the last year, the largest 12-month increase since the period ending May 1979. The food at home index rose 13.1 percent over the last 12 months, the largest 12-month increase since the period ending March 1979. The index for other food at home rose 15.8 percent and the index for cereals and bakery products increased 15.0 percent over the year. The remaining major grocery store food groups posted increases ranging from 9.3 percent (fruits and vegetables) to 14.9 percent (dairy and related products).”

The cost-of-living crisis has even reached soldiers in the U.S. Army. Just the News reported that the cost-of-living crisis has led the U.S. Army to recommend that low-ranking soldiers apply for welfare and food stamps to make ends meet.

As the outlet reported: “‘Based on the Pentagon’s own data, 24% of enlisted personnel are food insecure,’ said Mackenzie Eaglen, an analyst at the American Enterprise Institute. ‘While food stamps are a Band-Aid, they’re also an admission that basic pay for enlisted troops and their families is too low – further exacerbated by unyielding inflation causing paychecks to shrink more.’”

It’s no wonder there is a recruiting problem in the military. We are asking young men and women to risk their lives for our safety and freedom in exchange for a salary structure that will require them to apply for food stamps to feed their families.

The Democrats celebrated a bill that most Americans believe will increase inflation because of its increased government spending. At the same time, the new, higher inflation rate was announced, and it made their message ridiculous – but they stayed on message.

As the Dow Jones Industrial Average dropped 1,200 points over the new inflation numbers, Biden and the Big Government Socialists congratulated themselves on spending more money, emphasized “The Washington Times”.

 

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