In President Joe Biden’s America, everything costs more. For most middle-class consumers, a sharp rise in the price of gas has been particularly painful.
According to Fox Business, gas now costs more than $3 a gallon in 42 states, with no end in sight to the record inflation that Biden is causing with reckless spending.
Overall, a gallon of gas costs $1 more than it did during former President Donald Trump’s final year in office, and the price of gasoline is at its highest since 2014.
The price of gas, nationwide, averages about $3.25 a gallon, an increase of 5.2 cents from just a week ago, according to GasBuddy. Oklahoma, Mississippi, Texas, Arkansas, Louisiana, Kansas, Alabama, and Missouri are the only states where gas costs less than $3 a gallon.
It isn’t just gas. Inflation is rising at its fastest rate since 2008, with consumer prices having gone up 5.4% since last September, CNBC reported. Gas is up 42% and used cars are up 24%. (Does Biden hate the suburbs or something?)
And as winter approaches, with crude oil now at more than $80 a barrel, home heating costs are expected to rise. Wages aren’t keeping pace with inflation, with wages up by only 4.6% in September year-over-year.
While Biden has presented himself to the American people as an average, middle-class guy who will make the wealthy pay their “fair share,” it is the middle class that is hurting in his lousy economy.
Middle class suffers
Biden’s apologists have blamed the bad news on “the pandemic,” the universal excuse for Biden’s failures.
But many say it is being driven by Biden’s reckless spending, persistent supply chain disruptions caused by destructive and totally unnecessary COVID-19 lockdowns, and labor shortages that Biden is making worse with tyrannical vaccine mandates.
As Christmas nears, the Biden administration has warned Americans to moderate their expectations of receiving gifts on time — as the Federal Reserve continues its COVID-induced mania of money printing, as CNBC reported.
For his part, Biden is blaming his lousy economy on Americans who have refused to take the COVID-19 vaccine while insisting that inflation is temporary.
But if these trends don’t turn around anytime soon — and the way Biden is handling things, that seems unlikely — the Democrats could be in for a rude awakening next November.