Biden’s Presidency Costing You This Much
This is how much you are paying for Biden to be president.
Thanks to President Biden’s inflation, the average American household is now losing an astounding $6,000 in annual wages.
The $6,000 loss in wages was calculated by Fox Business analysts and shows the reality if just how bad things have gotten in the United States.
The Heritage Foundation’s E.J. Antoni explained that the average American worker is losing $3,000 in wages to inflation. This means that an average American household is losing out on $6,000 in annual wages.
Antoni explained, “People are just absolutely being crushed. It’s not the price of caviar and yachts that are driving these numbers. It’s necessities, it’s staples. It’s things like eggs, milk, flour, soup. These are things that are up 20 or 30 percent year-over-year.”
“All of those additional costs are now creeping into the rest of the economy, essentially,” Antoni added. “I really don’t see much good news any anywhere I look, unfortunately.”
And sadly the situation has only gotten worse. Antoni explained, “People are way worse off now than they were in January of 2021. It really is as if this administration thinks they can rule by executive fiat, as if by royal decree they say something, and it becomes so. It is just absolutely astounding.”