last week, with the consumer price index rising by 8.3%. While that's down a bit from the 41-year high notched in March, it was much higher than economists expected and underscores that inflationary pressures in the economy remain strong.
Rising inflation is eating away at strong wage gains that American workers have seen in recent months: Real average hourly earnings decreased 0.1% in April from the previous month, as the inflation increase eroded the 0.3% total wage gain, according to the Labor Department. On an annual basis, real earnings actually dropped 2.6% in April.The inflation spike has created a political headache for President Biden, who has seen his approval rating plunge as consumer prices rise.
Oh, you don't say!?...... How could this be🤷♂️🤦♂️
Remind me again which party refuses to expand the social safety net while kowtowing to billionaires to keep their taxes as low as possible.
Only 1/3? How can 2/3 of the population afford the increase in gas, food, mortgage (insurance and taxes) and all normal monthly bill increasing!
No Pres inherited better hand than Biden—a world at peace, a pandemic in decline, patriotism on the rise, criminals on the run, low gas prices, no inflation, energy independent, resource abundant, economy primed to roar, sealed souther border—& Biden turned it all into hellscape.
Do you know this man
This is all by design to make sure that we have to depend on big government to take care of us then we will be controlled by them a great communist tactic.
shocking..not ...
Very true.
The things people do to get supplemental income is crazy!
And the Biden admin and the media are working hard on things like January 6th nobody gives a f Inflation Gas prices GDP dropping Market crashing Crime rising Border overrun Raising taxes Covid failures Afghanistan Russia Nuclear tensions Gov spending THINGS AMERICANS CARE ABOUT
You are missing a word here. More than one-third of households *polled*
The headline of this article really isn't dire enough to warrant this stock image of some poor guy digging in the trash.
BIDEN N DEMS DONT CARE ABT US. all dems care abt is far left-insanity. BIDEN N DEMS R SLOWLY DESTROYING WE THE PPL'S LIVES N AMERICA W/ formula crisis; border crisis; crime wave; out of control inflation; self inflicted skyhigh gas prices.
Yes all thanks to Joe Biden and the SEC
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