- New inflation data released Tuesday showed that prices rose more than expected in the month of August, putting more pressure on Americans, many of whom are already struggling to make ends meet.
- Some economists and lawmakers quickly criticized President Joe Biden after the data came out, and the Dow Jones plummeted 800 points in response.
- E.J. Antoni, an economist at the Heritage Foundation, said the inflation rate has grown “nearly six times what it was when Biden took office.”
- “The reality is that American families are still losing ground because of his policies,” he said. “People are demonstrably worse off today than when Biden became president.
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‘American Families Losing Ground Because Of Biden’s Policies’
