Posted on 09/14/2023 9:33:05 AM PDT by SoConPubbie
Photo: Alamy
This Labor Day weekend, Americans everywhere likely felt the sting of rising prices, whether it was buying simple items at the grocery store or the crushing burden of their monthly mortgage and car payments.
According to the Bureau of Labor Statistics CPI, there has been a cumulative price increase on goods in the U.S. economy of over 21 percent since 2018, thanks to the runaway inflation crisis that Joe Biden has failed to control.
On his first day in office in 2021, Biden immediately killed the Keystone XL Pipeline via an executive order, arguably the beginning of America’s energy problems. Since 2021, the United States has suffered from cripplingly high gas prices and remained weakly dependent on other countries for oil.
Today, the average gas price per gallon in the U.S. is $3.81, with states like California even rising to $5.32. Last year, national gas prices experienced devastating spikes as the nationwide average rose to a shocking $5.16 in June 2022.
During Trump’s presidency in 2018, the country was moving toward energy independence, driving the price of oil and energy down. In 2018, for example, the national average price per gallon of gas was sitting at $2.86, and California had an average gas price of $3.61.
Gas, energy, and groceries are not the only commodities Americans are paying higher prices than ever for in 2023. United States automobile production has also become increasingly pricy, driving the average cost of a basic car through the roof.
President Trump this year blamed the failing auto industry on Joe Biden’s disastrous “Green New Deal crusade.” He explained, “These extreme left-wing policies are a disaster for families and consumers and are one of the main reasons the average cost of a new car is now over $50,000 dollars—absolutely outrageous. And there’s never been such a price before.”
While in office, President Trump removed the United States from the infamous Trans-Pacific Partnership (TPP) and axed the North American Free Trade Agreement (NAFTA) in favor of the USMCA trade deal, which delivered “fairer and more reciprocal trade for the American people.” These moves were a terrific boon for the American auto industry during the 45th president’s first term in office.
In 2023, another dream far out of reach for young Americans under the Biden regime is the dream of home ownership. The average median price for a home today in the United States is a whopping $416,000, which indicates a 26 percent increase in price from 2020, during Trump’s presidency.
According to a report from USA Today, the average U.S. homebuyer’s monthly payment is clocking in at around $2,605, pricing out many young American workers whose wages have not kept up with rapidly rising inflation.
In a potential second term of his presidency, President Donald Trump has vowed to implement core tenants from his “Quantum Leap” initiative, which would kick start a modern industrial revolution built around “Freedom Cities” and once again bring down the prices on homes.
BTTT
PAFA! (Put America First Again)
KINDA OBVIOUS.
MAGA !!!
Duh
Libtards like to get screwed up the butt
Gas prices were dropping a bit, but have started edging upwards as cooler weather starts to settle in to the Northland...
Inflation has really buggered my monthly budget and my retirement accounts look shaky.
Just got a notice that my power company will be raising rates again...
FJB and every treasonous dirtbag Democrat propping him up.
FJB and EVERY DEMOCRAT PERIOD!!!
ALL Democrats are responsible for this.
I’d like to see him get elected again and start deporting those arsehos that say, “America Was Never Great.” These are uneducated turd rollers who never learned any American History. You know, the “Girls Gone Wild Bikini Beach Beer Crowd.”
Gee, you’d almost think this thing was planned...Naaaahh.. /s
My thoughts exactly!
I agree! Send those chumps to the Marxist banana republic of their choice, permanently to stay and never to return to America!
Sadly, while I supported Trump in 2016 and 2020, these were financially devastating years. Not sure what to make of the Biden years, more pay but costs have skyrocketed so really more of the same. My best financial years were under Bill Clinton. Would be great to get it all in sync, good years with good president.
Hey....no Mean Tweets!!! $730 more a month to survive since Trump? it’s all worth it. The lesbian librarian association says so.
President Trump should offer a deal to Rocket-Man: They keep the demo-commies from here in prison, execute any who try to escape, and we pay them some money per head (not a lot) to keep them. They get audited annually to make sure they aren’t spending any of the payments on the comfort of the prisoners. The demo-commies should love it since that’s what they are working towards in this Republic.
From my records:
Groceries 2020 - $403 / month
Groceries 2022 - $646 / month
The entire world was better off under Trump. When America MAGAs, so does the world. With Biden we can expect only a dismal future.
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