While inflation has cooled in the past year, grocery prices are still up 25% from where they were four years ago.
Low-income families have been hit the hardest by high grocery prices, spending 31 percent of their income on food, compared to just 8 percent for wealthier Americans, the report said.
While the Biden administration has pushed a rosy outlook for the economy, critics say these views don't resonate with many Americans and may cost him in the election.
Biggest drivers of inflation: 1. Transportation costs. 2. Labor costs. Biden has been waging war on cheap fuel since he was selected. Increasing production and opening up drilling grants with a solid, legislatively codified, energy policy would go a long way to help in reducing costs. Secondly, leftists do not have a clue about creating jobs so instead they mandate higher and higher minimum wages; even if the hourly productivity of that employee cannot match the wage proposal. This forces price increases across the board.
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To remove first post, remove entire topic.
While inflation has cooled in the past year, grocery prices are still up 25% from where they were four years ago.
Low-income families have been hit the hardest by high grocery prices, spending 31 percent of their income on food, compared to just 8 percent for wealthier Americans, the report said.
While the Biden administration has pushed a rosy outlook for the economy, critics say these views don't resonate with many Americans and may cost him in the election.
Biggest drivers of inflation: 1. Transportation costs. 2. Labor costs. Biden has been waging war on cheap fuel since he was selected. Increasing production and opening up drilling grants with a solid, legislatively codified, energy policy would go a long way to help in reducing costs. Secondly, leftists do not have a clue about creating jobs so instead they mandate higher and higher minimum wages; even if the hourly productivity of that employee cannot match the wage proposal. This forces price increases across the board.
Couldn't have said it any better... And this helps explain why a lot of voters that voted for Biden last time (minorities, black folks), are now switching to Trump. They realize their dollars went a helluva lot further under Trump. And these folks tend to be on the middle-lower income wage scales, so your point about it hitting these folks the hardest is completely accurate.
Biden is cooked, and a trip to the grocery store is that "friendly" reminder to voters how it wasn't like this under Trump.
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Couldn't have said it any better... And this helps explain why a lot of voters that voted for Biden last time (minorities, black folks), are now switching to Trump. They realize their dollars went a helluva lot further under Trump. And these folks tend to be on the middle-lower income wage scales, so your point about it hitting these folks the hardest is completely accurate.
Biden is cooked, and a trip to the grocery store is that "friendly" reminder to voters how it wasn't like this under Trump.
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