MI News Minute Podcasts
April 14, 2022 | By William Osmulski
Policy Issues
Accountable Government Economy

Biden's Inflation

LISTEN - Don’t be fooled by the spin, Biden is to blame for inflation, plain and simple.

Another week, another round of bad economic news for you and your family.

Over the past year, inflation has increased 8.5%, the largest year-over-year increase since 1981. The price of gas is up 48%, milk 13%, fruit 10%.Meanwhile, wages have increased just 2.9%, making it impossible for families to make ends meet and even more difficult to get ahead.The Biden Administration is trying to blame Putin, and everyone else, in a desperate attempt to fool the American Public.But consider this: in the month after Biden took office, inflation was 1.7%. By fall, it was close to 7%. And now, more than a year after Biden was sworn in, inflation is between 7.5 and 8.5% each month.The economic pain we are all feeling is because Biden recklessly spent over $7 trillion dollars in 2021 despite a widely available vaccine and Covid on the decline.Don’t be fooled by the spin, Biden is to blame for inflation, plain and simple.

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