October 14 2024
As the September inflation report revealed- inflation continues to worsen. American families cannot afford the inflation crisis created by the Biden-Harris Administration. For most hard working families, the latest inflation data merely confirm the economic pain they are already feeling. From grocery store checkout lines to soaring electricity bills and gas prices- the everyday cost of living has become a constant reminder of Kamalanomics failures, and motivation to fire Kamala Harris on November 5th.
TOPLINE:American Families Are Paying the Price of Kamala Harris’ Failures
- “Under Kamala Harris, inflation has wreaked havoc on families' bottom lines and made everyday life unaffordable. Year-over-year prices increased by 2.4% in September, marking the 43rd straight month that inflation has exceeded the Federal Reserve's target rate.”
- “When President Trump left office, inflation was non-existent, sitting at 1.4%. Since Harris took office, inflation has averaged 5.2%—almost three times higher than during Trump's presidency.”
- “Real average weekly earnings have declined by 3.4% since Harris entered the White House, in stark contrast to the Trump administration, when Americans saw their real wages increase by 8.2%.”
- “Inflation is a hidden tax on every American that diminishes your purchasing power and erodes the value of your money.”
- “Gas prices are up by 38%, electricity by 31%, and groceries by 22%. The price of eggs has skyrocketed by a staggering 69%, baby food is up 31%, and rent has increased by 23%. Transportation costs are up by 31%, and car insurance costs have risen by 57%.“
- “Harris is pushing for the largest tax hike in U.S. history, Soviet-style price controls, and a housing plan that threatens to drive home prices even higher. Rather than relieving the financial pressure on Americans, these policies will only make matters worse.”
- “With inflation at multi-year highs and wages failing to keep pace, families are being squeezed harder than ever before. If Harris continues down this path, we can expect more of the same: higher prices, stagnant wages, and fewer opportunities.”
BOTTOM LINE: The contrast between economic agendas couldn’t be clearer. President Trump unleashed economic prosperity and he will do it again. The only way out of this inflation crisis is with Trump’s policies that will focus on cutting taxes and eliminating costly government regulations and unleashing American energy to drive down costs.