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With the U.S. Senate recently passing the ironically named “Inflation Reduction Act,” the U.S. economy will reach its breaking point, and the middle class will get hit the hardest. While the wealthy continue living a comfortable lifestyle relatively unscathed from the government jackboot, the American middle class finds it increasingly difficult not to fall behind.
The reality facing millions of middle-class American families in this “new normal” is that they are expected to get used to having less, lower their expectations, and ignore any economic hardships they encounter.
Joe Biden isn’t for the middle class. If anything, he wants to punish us. He shows the same disdain for middle-class families that he showed to a union worker in Michigan prior to the 2020 election when he was confronted about his stance on the Second Amendment. Biden’s unhinged reaction to this worker was simply a preview of what we see now. This is the real Joe Biden.
As Americans finally returned to work after the covid lockdowns, gas prices jumped to record highs. Supply-chain disruptions from lack of workers, disorganization at our nation’s ports, and the inability to attain essential parts still make it difficult to stock shelves across the country.
Biden’s wrongheaded economic policies have caused struggling families to do everything they can to stay afloat. Inflation has caused massive price increases of basic consumer goods, causing more time and resources to be spent trying to stretch household budgets. Subsequently, more than 87 percent of consumers are choosing to buy cheaper store brands or are shopping at different stores to save money.
The rapid rise of inflation is forcing families to deplete their savings so they can simply continue living day-to-day. One study shows that, in recent months, more than 35 percent of Americans have spent money from their savings on basic essentials such as gas and groceries.
Nevertheless, our elected officials continue to act with rank glibness. For the nonaffluent with sticker shock at energy bills and the gas pump, Sen. Debbie Stabenow, D-Michigan, channeled Marie Antoinette, scoffing at middle-class plights while bragging about her new electric vehicle during a hearing in June.
