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U.S. Families Spend $11.4K More Yearly
Under Biden

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Posted By: Dreadnought, 7/16/2024 8:08:40 PM

Thank to Joe Biden-flation and his catastrophic economic policies, American families are spending over $11,000 more annually just for necessities. The obscene cost of inflation is hitting hardworking Americans, as overall prices have gone up almost 20% since the Meanderer-in-Chief came into office in 2021. Americans can thank the Biden administration for that $11,400 extra for necessities, about 20% of the average U.S. annual salary. And if you hear the lie that inflation is down, don’t believe it. All that means is that the inflation rate is allegedly slowing, and the Biden administration loves to engage in monkey business to manipulate such statistics.

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Reply 1 - Posted by: Starboard_side 7/16/2024 8:28:49 PM (No. 1758714)
Would be nice to see the GOP talk about having responsive, less intrusive government that's fiscally responsible with a significant reduction in most program size by removing redundancies. Maybe how AI can help reduce the need to simply hire more workers, again reducing the overall size of government.
3 people like this.

Reply 2 - Posted by: anniebc 7/16/2024 8:34:39 PM (No. 1758726)
That's a lot of extra spending because you have to. That's what happens when senile old men get elections stolen for them.
2 people like this.

Reply 3 - Posted by: LadyHen 7/16/2024 8:35:11 PM (No. 1758728)
I believe it. Everything and I mean everything cost 25-50% more. And how many families have been relegated to permanent renter status with no hope of ever owning a home under the current regime. Home/land ownership is the way long term wealth has historically been built in this nation for the average family. Many elderly depend on their home to secure their financial security especially of the poop hits the fan or they live much longer than expected. THAT is a huge issue in my mind as the parent of a young adult today who depressingly wonders if home ownership will even be possible for his generation.
4 people like this.

Reply 4 - Posted by: DVC 7/16/2024 9:17:57 PM (No. 1758754)
I spent a heck of a lot more for a set of tires this morning than I did for identical tires four or five years ago.
7 people like this.

Reply 5 - Posted by: mifla 7/17/2024 5:06:50 AM (No. 1758907)
I pay my bills monthly. Every time I open a bill, I compare it to last month's bill. More often than not, the amount goes up. Over time, I have canceled non-essential services to save money, which has a domino impact on the companies I deal with. Not that anyone in DC cares. They live in their own private bubble, completely immersed in benefits the rest of us can only imagine.
1 person likes this.

Reply 6 - Posted by: lynngirl122 7/17/2024 9:19:41 AM (No. 1759053)
Waaay more than that at least for this household.
0 people like this.

Reply 7 - Posted by: DVC 7/17/2024 12:38:25 PM (No. 1759254)
Four Michelin tires, installed with tax, cost me $657 in 2020, and the same size, make and model tire, Tuesday, cost $1,082 installed with tax. That's a 65% increase in four years. Drill, baby, drill. Tires are made from oil.
0 people like this.

Reply 8 - Posted by: jc96 7/17/2024 1:05:31 PM (No. 1759291)
Living near a large US air base in Italy, I'm somewhat immune from the inflation in that I shop downtown mostly. I have noted the rise in prices for items available in the exchange stores/commissary on base. Everything. Off base I'd say the most significant increases have been in fuel and home energy costs. It is still cheaper living over here vs. the US. tho.
0 people like this.

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