Prices of gas, goods much higher under Biden than Trump: Report

During former President Trump’s time in office, a number of high profile Democrats attacked him over increases in the price of gas and other consumer goods.

However, as Fox News reported this week, those criticisms haven’t aged well, given the price spikes Americans continue to experience under President Joe Biden have been far more severe. 

An example of Democrats’ unfounded past criticism they once aimed at Trump can be seen in a 2018 tweet from then-Senate Minority Leader Chuck Schumer, in which he rhetorically asked, “Are you creeping along on fumes because #GasPrices are so high?”

Dems attacked Trump

“I’ll join [Senator Maria Cantwell,] [Senator Bob Menendez] & [Senator Ed Markey] to push [Trump] to start fighting for lower gas prices for hardworking Americans LIVE in a few minutes,” Schumer added at the time.

It didn’t take long for then-House Minority Leader Nancy Pelosi (D-CA) to adopt a similar attack line later that year, tweeting, “Prescription drug prices are skyrocketing.”

“Gas prices continue to rise,” Pelosi said at the time. “Health care costs and premiums are through the roof. Wages are stagnant.”

“What is the solution Trump and Republicans in Washington propose?” Pelosi asked. “More tax cuts for the ultra-wealthy. You can’t make this stuff up”

Record increases

However, Fox News noted that a website created by the American Automobile Association to monitor fuel costs currently shows that the national average price for a gallon of gasoline is nearly $3.39.

That’s almost 40 cents higher than it was when Pelosi published her tweet. What’s more, gas isn’t the only commodity that has become more expensive.

Fox Business reported earlier this month that consumer prices have seen their biggest jump in over three decades, with the U.S. Labor Department reporting that the consumer price index rose 6.2% year over year in October.

Greg McBride, chief financial analyst at Bankrate, told the network that consumers should expect more of the same as inflationary pressures are “broadening out.”

“In addition to food, energy, and shelter continuing to post outsized monthly increases, new and used car prices are once again shifting into overdrive,” McBride said.

Share on facebook
Share To Facebook

Welcome to our comments section. We want to hear from you!

Any comments with profanity, advocacy of violence, harassment, personally identifiable information or other violations will be removed. If you feel your comment has been removed in error please contact us!

Latest Posts