No, this post won’t have a picture of fumblin’ bumblin’ stumblin’ Joe with a Thanksgiving turkey. Just some economic news to ponder this weekend.
As Americans prepare to celebrate Easter Sunday this weekend, experts say the cost of many holiday meal staples have hopped to new extremes.
The cost of many Easter meal favorites like eggs, ham and fish are up double digits, according to Roccato.
This week, America received news of yet another shocking inflation report: over the past 12 months, inflation has skyrocketed 8.5%, outpacing wage gains by 2.9%. That inflation has flooded every area of American life, from gas (up 48%) to airfare (24%) to furniture (16%) to milk (13%). Inflation is costing the average American family hundreds of dollars per month — and, as we know, inflation is a highly regressive tax, harming those at the bottom of the income spectrum the most.
For its part, the Biden administration blames Russian President Vladimir Putin’s invasion of Ukraine. White House press secretary and incipient MSNBC employee Jen Psaki announced, “we expect March CPI headline inflation to be extraordinarily elevated due to Putin’s price hike,” and blamed gas prices alone for the spike. That, of course, is ludicrous. In February 2021, the month after Biden took office, the inflation rate was just 1.7%. In April 2021 it spiked to 4.2%. By May 2021, the inflation rate was 5%; it remained in that range until October 2021, when it spiked to 6.2%; it then spiked again to 6.8% in November 2021 and 7.5% in January 2022.
—Ben Shapiro, editor-in-chief of DailyWire.com
Every Sunday night, I do my grocery shopping for the week, and every time I do, I watch my bill get higher and higher. My grand total this week came to over $100: $62.62 at Aldi, which is known for its almost exclusively off-brand goods and low prices, and $41.23 at Woodman’s for all the things I couldn’t get at Aldi — like chicken because the poultry shelves were almost bare.
There were no extras in my cart — no bottles of wine or impulse desserts — just what I needed for standard meals, plus a pack of Aldi-brand paper towels and a case of the cheapest sparkling water. I carried all of the bags into my apartment in one trip.
This week’s total would have been even higher, but I’m still using up some items from last week. The grand total then was more than $180, with $100.71 at Aldi and $80.76 at Woodman’s. And I’m feeding only two people. Think about how those same numbers might affect a single mom, or how much higher those numbers are for a family of four, six, or eight.
Americans across the country are suffering under astronomical prices for bare essentials such as groceries to feed their families and gasoline to get to work. And when they get to those jobs, wages aren’t keeping up with President Joe Biden’s skyrocketing inflation.
Meanwhile, the Biden White House is in full-blown spin mode, desperately trying to shift the blame for America’s economic disaster off the incoherent buffoon who’s responsible and onto anyone within striking distance. Blame everything on Russia and its president, Vladimir Putin. It’s under this strategy that we’ve been graced with the political messaging campaign where inflation goes by the name of “Putin’s Price Hike.”
White House Press Secretary Jen Psaki used the Putin catchphrase and then had the audacity to claim we’re “in a better place than we were last month.”
OK, I’ll bite. Do you feel like you’re in a better place than last month? Has your salary kept up with inflation? Has your commuting cost or your grocery bill become an easier pill to swallow? What about other necessary costs like personal hygiene products, baby formula, school and office supplies, or home and vehicle maintenance needs?
Despite all the Democrats’ deflection to Putin and Covid, Americans know their wallets are lighter and their minds are heavier due to the policies and incompetence of Biden and his foolish administration. The Biden White House can keep trying to sell “Putin’s Price Hike,” but Americans aren’t buying it. Heck, they can’t afford to.
—Kylee Zempel is an assistant editor at The Federalist