With inflation running hotter than hoped, economic worries are ramping up and continue to be a focus of the presidential campaign.
WASHINGTON — Inflation is atshowed Americans are facing huge price hikes since February 2020 paying 20% more for milk, 30% more for bread, 50% more for eggs, 20% more for rent, and 30% more for electricity.
“If you are making more money, and that increase in income actually is greater than the amount you're paying for food, clothing, shelter and the rest, then maybe you come out ahead," Vice President of General Economics at the CATO Institute“Americans on fixed incomes, or people who don't have a locked-in mortgage in two and a half percent like they got five years ago. That is going to be a more difficult that's gonna be a bigger problem," Lincicome continued.
The number is out of control, Biden does not know what the hell he is doing. He’s the worst president in the history of our country," Trump opined. "Biden has totally lost control of inflation. It’s raging back.shows consumer sentiment has slightly decreased since last month, and has remained below pre-pandemic levels. This is something that could be a determining factor for who voters choose in November.
President Biden said he predicts the Federal Reserve will issue an interest rate cut, possibly before the end of the year.
Biden Gas Inflation Lincicome Pandemic Prices Trump
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