Business

Here’s What Americans Expect from Bidenflation in the Next 6 Months

With prices skyrocketing and the cost of fuel and food going through the roof, how can we not question the narrative put out from the White House, that we are not in a recession.

As the economy continues to take a hit, the Biden administration repeatedly refrains from taking responsibility for being the reason Americans are struggle to put gas in their cars and feed their families. 

Townhall Reports. According to the Department of Labor, the Consumer Price Index (CPI) rose 8.5 percent in July. According to a poll by The Economist/YouGov, 46 percent of Americans anticipate a higher inflation rate six months from now, despite economists expecting the CPI to rise to a rate of 8.7 percent.  Only 21 percent of pollsters think it will stay the same, while 18 percent think it will go down. It’s no surprise that Democrats weren’t worried about prices going up, with 34 percent dispelling that theory. American consumers are expected to pay more in six months, according to 64 percent of Republicans and 51 percent of Independents. 

While many Americans are struggling to stay afloat, Biden is struggling to fix the problems he created. 

Fox News stated. Despite President Biden’s assurances that inflation is a top priority, economists blame his giant COVID-19 stimulus package for rising prices.

Earlier this month, Biden declared his administration’s top priority was “getting price increases under control” after the Labor Department reported inflation rose 9.1%. He also endorsed the Inflation Reduction Act, a bill aimed at lowering pharmaceutical prices and investing in clean energy while increasing tax revenues by $739 billion. According to critics, it won’t solve the problem.

It seems that Biden cannot take responsibility for any of his failures as President. He continues to pass the buck to anyone around him, or change definitions when he needs to in order to avoid any sort of blame coming his way. This is not the actions of a true leader, but that of a puppet.

Next News Network Team

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