Its the tarrifs, the pandemic, the saudi shorting the oil barrels, the war and the cost of shipping.
Remember when Joe promised to not raise taxes on anyone making under $400K?
He has in essence raised taxes 12% on food with his inflation. Overall inflation is at a 40 year high at 8.6%.
The poor and working folks are taking it in the shorts under this regime.
EXCLUSIVE: House Republican Leader Kevin McCarthy said Friday’s report showing inflation hitting a fresh 40-year record-high signals another “painful month” for Americans, while slamming Democrats for their economic record, calling it a “historic disaster.”
www.foxbusiness.com
first the pandemic, war, the saudi decreased their barrels of oil, shipping costs , tramp tarrifs and corp. greed. A whole bunch of stuff.
Its not Biden's fault.
I bet the republicans are happy as a lark.