Joe Biden’s inflation catastrophe is destroying America’s economy.
What’s more, things are going from bad to worse as inflation continues to soar.
And now, one shocking inflation report could put an end to Biden’s career for good.
If there’s any issue that is facing Joe Biden and the American economy more than any other at the moment, it is inflation.
The inflation crisis, which began under Biden’s watch, is now spiraling out of control.
Making matters worse, things do not seem to be getting much better as the inflation rate continues to match numbers that have not been seen since the days of Jimmy Carter.
That’s why Biden’s record on the economy is rapidly turning into one of the worst ever.
But while inflation continues to dominate the headlines and the mindset of most Americans when it comes to their budgets and expenses, there’s one new inflation-related report that has flown under the radar by the mainstream media.
And the results outlined there show that the American public is reaching a breaking point that could mark the end of Biden’s political career.
JustTheNews reports, “Newly released polling data shows that the majority of Americans report they are falling behind the cost of living. NBC News released the poll, which found that 58% of Americans disapprove of President Joe Biden’s handling of the economy. Another 63% of surveyed voters say their income is falling behind the cost of living. That poll points to inflation, which has soared since Biden took office and been a political thorn in Democrats’ side.”
These numbers are downright catastrophic for Biden, and herald the beginning of the end for Biden’s political career.
It’s obvious now that inflation has come to occupy the number one issue in the eyes of the overwhelming majority of the American people.
And rather than do anything to solve the crisis, Biden has only made it worse with a series of reckless spending bills that he’s rammed through Congress, combined with his recent student loan bailout that will drive up the national debt even more and offload debt payment responsibilities onto hundreds of millions of Americans for no reason.
In short, Biden’s record is actively helping to make tens of millions of people poorer.
“The U.S. Bureau of Labor Statistics released inflation data last week showing that prices rose across a range of items in August, but the overall inflation rate was dampened by an unusual fall in gas prices from record highs in recent weeks. Many items saw huge increases. Food prices, for instance, have shot up in the last year,” adds JustTheNews.
Now, with Biden’s policies clearly making the inflationary crisis worse rather than better, the American people are beginning to rightfully pin the blame on him for the disaster he’s helped to create.
That’s why a recent Morning Consult/POLITICO poll also found that less than a quarter of Americans believed the so-called “Inflation Reduction Act” will actually do anything to reduce inflation, while over a third of Americans believe that the legislation will end up doing the exact opposite of what it claims to achieve.