May 10, 2022

Americans Are Struggling in Biden’s Economy

Drastically higher prices mean paychecks aren’t going as far, and we know who’s to blame.

We noted the gray clouds in Friday’s jobs report. The Republican National Committee, which obviously has an upcoming election to win, likewise sees some things to hammer Joe Biden for:

BIDEN’S ECONOMY IS FAILING AMERICANS

  • Today’s jobs report doesn’t change anything about the grim economic reality for struggling families.
  • Americans are leaving the labor force, workers’ wages are not keeping up with inflation, and Biden’s agenda is making it worse.
  • Biden inherited a robust recovery and is turning it into stagflation – even Biden’s own economists are warning of a recession.
  • The American people can see just how bad things are and are overwhelmingly blaming Biden as a result.
    • A recent CNN poll found 66 percent of Americans now disapprove of Biden’s handling of the economy.
    • The same poll found that Americans view the nation’s economy as the worst it has been in a decade
    • According to the latest CNBC poll, only two percent of Americans view the economy as “excellent” while a majority view the economy as “poor.”

WORKERS ARE BEING LEFT BEHIND BY BIDEN

SMALLER PAYCHECKS, HIGHER PRICES

  • Americans are suffering under Biden’s agenda which led to the highest inflation in 40 years.
  • Bidenflation is shrinking workers’ paychecks as key inflation indicators show higher prices are here to stay.
  • A new National Federation of Independent Business (NFIB) surveyshows inflation is now the number one problem for small businesses.
  • On top of rising prices, there’s no relief in sight from the “snarled” supply chain crisis that’s happening on Biden’s watch.
  • Under Biden, 34 states have hit new record high gas prices, and in 35 states, Americans are paying average prices above $4 per gallon.

REPUBLICAN-LED STATES ARE DRIVING JOB GROWTH

ECONOMISTS ARE RAISING RECESSION CONCERNS

BIDEN WANTS MORE IN INFLATIONARY SPENDING DESPITE A LOOMING RECESSION

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