anon-hldg veritas Wisco
11 hours ago
"The nonpartisan Congressional Budget Office projects that deficit spending for fiscal 2024 will reach a staggering $1.9 trillion. This comes on top of the $7 trillion added to the federal debt under Biden, bringing us to the highest level of indebtedness in our nation’s history, surpassing the previous high during World War II.

"Biden’s insatiable deficit spending has not only lit the fuse on record inflation but has resulted in the highest interest rate hikes in a quarter century. The cost just to service our national debt has increased by $540 billion, or 153%, since Biden took office. Those net interest expenses represented 9% of federal revenue in 2021 and are projected to double to 18% in 2024 and rise to 23% in 2034.

"Massive federal spending along with failed economic policies under unified Democratic control of government caused inflation to climb to 9.1% in June 2022. Inflation is still sticking at levels well above the Federal Reserve’s target for reducing interest rates.

"In total, prices have risen nearly 20% since Biden became president, forcing families to pay more than $17,000 more per year, or $1,400 per month, for the same goods and services. Sadly, inflation has grown faster than income over the last three years, reducing real wages by 4% since January 2021."

"Op-Ed, Washington Examiner: Biden’s Cruel Economy," Washington Examiner, July 11, 2024.

"This Survey Says Consumers Are Fed Up. The annual poll from Forrester Research showed a third consecutive year of rising customer dissatisfaction with brands whose price hikes, smaller-sized products, lower quality services, and annoying chatbots."

"This Survey Says Consumers Are Fed Up," Inc., June 18, 2024.