- Americans are making 1.7 % LESS than they did a year ago, when inflation is factored in.
- Inflation has increased every month since President Biden took office.
- The consumer price index (CPI) increased 5.4% from a year ago, the largest jump since just before the 2008 financial crisis.
- Americans are paying more for just about everything:
- Gas prices are up 45.1%
- Milk is up 5.6%
- Fruit is up 7.3%
- Washing Machines are up 29.4%
- Car Rentals are up 87.7%
- Hotels are up 16.9%
- Used Cars are up 21%