Friend,
Over the past three years of Biden’s presidency, one thing has become clear: Bidenomics is synonymous with Bidenflation.
When Joe Biden took office, inflation was just 1.4%. Since then, it has risen by 19.4% year after year. Rent is up 17.2%, food is up 21.1%, and electricity is up 29.2%. These are not just numbers; they're the rising costs that impact your daily life.
American Families and workers are being crushed by the rampant inflation that Biden has caused. The White House has introduced reckless spending, and anti-American energy policies that have fueled this crisis, and we are all paying for it.
Here are the facts. Since January of 2021, the average Michigan household has spent $22,638 more on essential goods yearly because of inflation. This is simply unsustainable, and it's wreaking havoc on all Americans.
Since Biden took office:
- Eggs are up 2%
- Baby food is up 5%
- Poultry is up 4%
- Vegetables are up 2%
- Snacks are up 7%
- Credit card debt has reached never-before-seen
Everything costs more under Joe Biden.
Your Friend,
Rep. John James