INFLATION TAX BY THE NUMBERS

  • 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%

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