This latest revelation from Commerce Department isn’t the only negative news regarding the country’s economy. Experts have also noted that inflation is unlikely to go away anytime soon; because of the fiscal decisions from the Biden administration, Americans are likely looking at inflation for years and years to come.
The Biden administration is still pushing for more spending, despite the Commerce Department’s latest updates.
Ignoring the inflation crisis
Polls this month have shown that voters largely fault President Biden for where inflation currently stands. If this president’s social media posts are any indicator, he’s completely oblivious to where Americans are on this issue.
Just earlier this morning, Biden released social media posts regarding the economy. He stated that consumer confidence, jobs, and personal income are “up” right now. What Biden didn’t mention is that inflation is ripping through Americans’ earnings.
This president hasn’t once detailed any sort of plan to get inflation under control. However, he is continuing to repeat talking points which allege that the United States is “back on track” with him in office.