REPORT: American Families Have Lost $6,800 in Annual Wages Due to Biden Economic Policies

WASHINGTON– Single American workers have lost $3,400 in annual wages during the first 18 month’s of Joe Biden’s presidency due to economic policies which have resulted in 40-year-high inflation, according to an expert at the Heritage Foundation.

In an interview with Fox News E.J. Antoni, a research fellow at the Heritage Foundation, said a family with two working parents has lost $6,800 in annual wages.

“I can’t emphasize enough how much this is really crushing consumers,” Antoni said about his estimate.

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

Despite bipartisan criticism of Biden’s economic policies the White House continues to spin the economic downturn claiming inflation will help consumers adapt to the more expensive renewable energy plans that the administration intends to implement.

On Wednesday, inflation rose to an annual rate of 9.1 percent which, according to the Department of Labor, is the highest rate since 1981.

According to a Moody’s analysis, Biden’s 40-year-high inflation will cost American households on average an extra $5,520 in 2022, or $460 per month. 

As Americans continue to struggle at the pump, 74 percent of likely voters said skyrocketing gas prices are an “extremely/very important” factor in how they will vote in the midterm elections. 

Current poll numbers show Biden’s approval rating remains in the low 30’s.

One thought on “REPORT: American Families Have Lost $6,800 in Annual Wages Due to Biden Economic Policies

  1. It’s all coming to pass according to the plan–Whose plan? Klaus Schwab’s, just ask him, “You will have nothing and you will be happy.”
    Much of the world fell heavily for the plandemic, We still hear about it, people talking about their “symptoms”–even know-nothing Fauci (highest paid lunatic in Washington) occasionally still makes a comment–the last one I saw he’s admitting the vaccine may not be the apple of our eye (or something like that.)
    Hang on, folks, it’s not going to get better for awhile (maybe a long while.) One thing thing you can do is vote a straight republican ticket this fall, but know that too many RINOS are causing too many problems. Even so, the republicans are still probably the better bet.
    And that’s saying we even GET an election. There’s plenty of time for 3-4 more false flag mass shootings (or other bad happenings.) You see, if the democrats can’t cheat they CAN cause false flags, and one too many will bring about Martial Law, election canceled, and the islamic-run UN appearing…to restore “order.”
    Sorry for the long comment.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s