Grocery prices are skyrocketing due to President Biden’s policies focused on increased taxation and government spending.
The US economy is in bad shape because of Joe Biden’s war on domestic oil and the ‘Green New Deal’ disguised as the ‘Inflation Reduction Act.’
Moody’s Investors Service recently cut the US’s outlook to negative.
Moody’s lowered its ratings outlook on the US government citing high interest rates, government spending, and deficits.
Inflation remains elevated, with grocery prices rising over 19%, gas prices remaining high, and more than 15 million illegal aliens crossing the border since Biden took office in January 2021.
Most Americans are struggling to put food on the table thanks to Joe Biden.
This year’s Fourth of July cookout costs hit a record – up 30 percent from 5 years ago when Trump was in office.
“With plenty of options to feed a hungry crowd, a group of 10 this year can expect to pay $71.22 for their celebration, up 5% from last year and up 30% from five years ago. Nationally, this means we are surpassing $7 per person for the first time, with the total meal coming to $7.12 a person. Only two dishes decreased in price while everything else on your table rose, on average. Your grocery bill may be a shock, but it is in line with the inflation that has roiled the economy – including the farm economy – over the last several years,” according to this year’s American Farm Bureau Fourth of July market basket survey.
Joe Biden is now threatening to jail grocers to combat his inflation crisis.
“Grocery costs are too high for families across the country,” Biden wrote on X. “We have a plan to tackle them,” he added.
Biden’s strategy involves sending state attorneys general to pursue grocery stores accused of “price gouging.”
Grocery prices are not soaring because of price gouging. Biden also called on grocery chains to lower costs.
Meanwhile, Joe Biden has announced that his administration will increase support for low-income families of four by $2,000 through enhancements to SNAP and the launch of summer EBT programs. The billions of dollars spent annually on SNAP are contributing to higher inflation, according to critics.
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