The Worst Consumer Inflation In 40 Years

Under Joe Biden, Americans are paying more for everything, and real wages are falling. As Democrats double down on their destructive policies, there is no relief in sight.
Data released today from the Bureau of Labor Statistics reveal the Consumer Price Index skyrocketed 7.5% from last year – the largest annual increase since 1982.
- Core consumer prices – a measure which excludes food and energy – spiked by 6% since last year, also the highest measure since 1982.
- Real average hourly earnings fell 1.7% in January, with inflation eating up any wage gains.
It's no surprise: only 1% of Americans view the economy as "excellent" while 75% view the economy as "not so good" or "poor."
Americans are paying more for just about everything:

Last year, Biden's anti-American energy agenda cost families and workers in total an extra $1,000.
- Gas prices remain at a seven-year high, costing Americans above $3 a gallon in every single state.
Watching the Super Bowl this weekend? Before you start cheering for The Bengals, you'll be forced to pay more for your party necessities:

According to the Wells Fargo Inaugural Super Bowl Food Report, a full Super Bowl party spread may cost up to 14% more than last year.
This crushing inflation is the direct result of Joe Biden's failed economic agenda.
- Biden pushed a $1.9 trillion "stimulus" package, but the U.S. economy saw hundreds of thousands fewer jobs created in 2021 than what Biden promised.
- Biden has failed to deliver on his promise to provide relief from supply chain bottlenecks – cargo ships are now simply waiting farther out at sea to get to port.
- Total household debt across the United States rose by $1.02 trillion in 2021 – the most in any year since a 2008-09 financial crisis – largely due to rising prices for homes and new and used cars.
Unfortunately for the American people, Biden has decided to double down on the policies that caused this inflation in the first place.
Whenever Biden says the word "prices," remember this: he lied about inflation for months, has lied about its consequences , and has zero credibility on the issue.
The American people know the solution to Biden's inflation crisis – historic victories for Republicans up and down the ballot in November to reject central planning and prioritize sound economic policies.

Courtesy of NCGOP