Liberal Forum

Bidenomics Is Forcing You To Pay Hundreds More Per Month – Here’s The Proof

BY RUSTY WEISS

AUGUST 14, 2023 AT 9:40AM
 

Moody’s Analytics is reporting that the average American household under Bidenomics is paying over $700 more per month this year than they did two years ago – for the exact same goods and services.


The economic research firm’s numbers indicate that this is the effect staggering inflation under the current administration has had on the American people, even as the rate has cooled off a bit in recent months.


Mark Zandi, chief economist at Moody’s Analytics, delivered the news in a Twitter/X social media post.


“The high inflation of the past 2+ years has done lots of economic damage,” Zandi observed. “Due to the high inflation, the typical household spent $202 more in a July than they did a year ago to buy the same goods and services. And they spent $709 more than they did 2 years ago.”

Bidenomics Is Forcing You To Pay Hundreds More Per Month - Here's The Proof - The Political Insider

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