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2024-10-10 10:35:13

Newsweek on Nostr: Why Vote Republican? Because Democrats Are Largely to Blame for Inflation ========== ...

Why Vote Republican? Because Democrats Are Largely to Blame for Inflation
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Consumer Price Index rose by 19% during Biden's presidency; inflation peaked at 9% in mid-2022; average gasoline price increased from $2.28 to $3.24 per gallon; inflation rate during Trump's presidency was 6%; Biden signed the Inflation Reduction Act authorizing $891 billion in spending; American Rescue Plan Act passed on March 6, 2021, authorized $1.9 trillion in spending; CARES Act signed by Trump on March 27, 2020, was a $2.2 trillion stimulus; median household income in 2021 was $70,784, needing $84,233 in 2024 to maintain the same standard of living; Biden's executive orders restricted oil extraction, increasing energy prices; inflation rates under Trump averaged 2.1% to 3.4%, while under Biden it has been higher; Kamala Harris blamed grocery stores for price gouging; Grudem supports voting Republican to control inflation.

#Inflation #Economy #Republican #Democrat #Biden #Trump #KamalaHarris #GovernmentSpending #CaresAct #InflationReductionAct

https://www.newsweek.com/why-vote-republican-because-democrats-are-largely-blame-inflation-1966652
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