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Bidenflation Continues to Crush Working Families & Main Street

January 04, 2022

With prices rising at the fastest rate in 40 years, the overwhelming majority of American workers say their paychecks can’t keep up with Bidenflation in a recent survey. 

 From the New York Times:

 “Only 17 percent of workers say they have received raises that kept up with inflation over the past year, according to a survey of 5,365 adults conducted last month […]

“Most of the rest say either that they have received raises that lagged price increases or that they have received no raise at all; 8 percent of respondents said they had taken a pay cut.”

Between supply chain hurdles and crushing Bidenflation, job creators are also struggling to retain workers. The Job Opening and Labor Turnover Survey (JOLTS) reported that 4.5 million workers left their jobs in November – a new record.

WATCH: Democrats’ Recipe for Higher Inflation

KEY TAKEAWAYS:

Democrats’ trillions in welfare spending has devastated our jobs recovery and failed our most vulnerable families.

Bidenflation is crushing America’s working families.

 READ: Penn-Wharton: Bidenflation to Force Families to Pay $3,500 More in 2021

Bidenflation is crushing Main Street businesses.

  • Small business owners are getting crushed by Bidenflation and tax hikes too, with prices rising to historic highs and a record number of small businesses being forced to consider price increases, which are passed onto consumers.

READ: IMF: U.S. Tied for Highest Level of Inflation Among Top 35 Developed Economies