Celebrating the Holidays With Inflation

Joe Biden’s inflation has caused a surge in prices during the holidays! Many hardworking individuals around the country are feeling the strain on their wallets.

Who knows how high it could go? Families appear to be the most affected… sacrificing things they previously regarded as ‘absolutes’ during the festive season. 

With skyrocketing prices, Biden is severely diminishing their right to celebrate with friends and family… during these times of joyous cheer. 

Citizens Evaluate Biden on His Performance with the Economy

Inflation is still crushing American families. There’s no financial cause for rejoicing—a sad situation during the holiday season.

The administration’s claims to be winning against inflation fly in the face of their own data. However, Fox News disagrees with the liberal’s data. Here’s the truth:

• Since Biden took office, prices have risen 13.8 percent
• The average family has lost $5,800 in real annual income
• Interest rates had increased… leaving the average family $7,100 poorer than when Biden became president 
• At the current 7.1% pace, prices will still double in about a decade 

The federal government spends more than it collects in taxes… this is funded by selling bonds. If too many are sold, then the Fed creates money out of nothing and gives it to the treasury, which devalues the dollar.

Meanwhile, people from different states rated Biden’s performance in 2022. Fox News recently collated the opinions of normal citizens…

A Nebraskan gave Biden an F on the economy, citing inflation and gas prices since he canceled the Keystone XL pipeline. She said, “On the economy, I would give Joe Biden an F. We’re still dealing with rampant inflation. Our gas prices have been skyrocketing ever since he canceled the pipeline.”

On immigration, a Phoenix resident visiting Austin gave Biden an F.  “We’re in Texas right now. They had a thousand people come in on one day,” she said.

On the other hand, a mustachioed Texan gave him a C or D. “It really isn’t his fault. That’s a generational problem that’s gonna take a long time to correct,” he told Fox News.

Inflation About to Force Seniors to Work?

Associated Press reported that Inflation is taking a toll on senior citizens. Specifically, those living on a fixed income… and are unable to keep up with the rising costs of goods.

This has forced some seniors to return to work while others cut back on holiday celebrations and other expenses.

The AP article said, “The holidays will be tough, not just for seniors. Luckily, my daughter-in-law did all the cooking for Thanksgiving, and I brought a few dishes. But the Christmas celebration will be more modest.”

The Inflation Reduction Act, signed into law by Biden earlier this year… is not expected to fix inflation.