“President Biden, Nancy Pelosi, and Chuck Schumer have the nerve to take a victory lap on the Inflation Reduction Act today on the same day that inflation increased and the market fell by almost 1,300 points,” JCN blasted.
“Today’s data showing that inflation increased last month and core inflation increased twice as fast as expectations confirms that Biden has no control over inflation,” the group said. “Biden’s policies from Day 1, especially his attack on the domestic energy market, have led to spiraling costs for American consumers. Food inflation is the highest it’s been since Jimmy Carter. Now Biden wants to add another trillion in reckless spending for the student loan bailout which will push prices even higher.”
Biden and the Democrats have tried to shift attention toward social issues, too, and the economy continues to struggle