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Average American Losing How Much Money Under Biden?

by Market FinancePosted onJuly 13, 2022July 13, 2022

This is not good news.

Inflation has gotten so bad under Joe Biden’s presidency that it has now been learned that average U.S. workers have lost an astounding $3,400 in annual income.

What’s even worse is that President Biden has only been in office for 18 months and things could get much worse moving forward.

According to Fox, Individual U.S. workers have lost $3,400 and families where both parents work have lost $6,800 because of sky high inflation according to a Bureau of Labor Statistics.

The Heritage Foundation’s E.J. Antoni explained, “There are plenty of families that that’s more than their food budget a year. I can’t emphasize enough how much this is really crushing consumers.”

“It’s truly crushing the middle class and then the White House spokesperson says these garbage lines like ‘the economy is in transition,’” Antoni added. “Transition in the same sense, I suppose, that an iceberg transitioned the Titanic into a submarine.”

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