Almost everyone in America is getting poorer thanks to the inflationary wave kicked off by Joe Biden taking office and immediately clamping down on energy production, which set off a continuing cycle of price rises to compensate for increased costs.
People filling their gas tanks or buying food already are changing their habits and lowering their standard of living. The classic question Ronald Reagan asked voters, “Are you better off now…?,” has a resounding answer — “No!” — only 14 months into the Biden presidency. Reagan was running against Jimmy Carter, during whose presidency Americans last had the experience of inflation remotely comparable to what we endure now.
