8.5% = 31 days pay
Inflation is up 8.5% since last July, “holding close to its highest annual rate in four decades” as prices for food, housing, electricity and more continue to skyrocket.
And while Biden thinks he should pat himself on the back, remember 8.5% is 31 days pay. Families have to give up a month’s salary to maintain the same lifestyle as a year ago – and Democrats want to vote this Friday to make inflation go even higher.
“Democrats celebrating that families have to give up a month’s pay to live the same life they did before Joe Biden got into office couldn’t be more out of touch with working families,” said CLF Press Secretary Cally Perkins. “Life continues to get less affordable by the day and Democrats are falling over themselves for a plan that will only send prices even higher.”