Biden Knocked Back by Crippling News – He’s a Bigger Failure Than we Thought!

Joe Biden has shown blatant disregard for the problems Americans are facing. Every day people are struggling just to get by. Meanwhile, Biden is obsessed with sending billions of our dollars to foreign nations to blow each other up. Joe ignores how 10 million illegals entered on his watch—which has put Americans in great risk.

But if anyone demands answers from this White House, they are called liars. The Biden administration wants you to believe everything’s fine.

Despite the constant spin from this Democrat administration, they can’t escape the facts. Biden’s presidency has been a disaster, especially in one particular area. He has denied it and gaslit Americans again and again. But it won’t change this reality.

The Bureau of Economic Analysis said that the personal consumption expenditure price index rose at an annual pace of 3.4 percent in the first three months of the year, far faster than the 1.8 percent recorded at the end of last year and up from the 3.3 percent estimated in the prior report issued in May.

The personal consumption expenditure (PCE) price index is used by the Fed as the yardstick for its two percent inflation target. The upward revision indicates that the surge of inflation as 2024 began was even worse than previously thought.

Core PCE prices, which exclude food and energy prices, rose by 3.7 percent, according to the new estimate. The previous estimate had core prices up by 3.6 percent. In the fourth quarter, core prices were up at a two percent annual rate. [Source: Breitbart]

Big surprise, inflation is worse than we thought. The White House had to admit that inflation in the first three months of this year was worse than it had initially claimed. At first, they said it was 3.3%. In reality, it was 3.4%. How much higher will that number get by the time everything’s said and done?

Joe will even use this to claim he’s winning because it’s still lower than the horrible inflation we had earlier in his administration. But 3.4% is still bad. Prices continue to rise; that’s the point. They haven’t gone down. Americans still need to take out a loan to buy a cheeseburger. And forget about milk and eggs at the grocery store, we can’t afford the interest rates!

Biden continues to claim the economy is “strong as hell.” It probably is, for his globalist buddies exploiting inflation. But for everyday Americans, prices continue to rise as illegal aliens take away jobs, housing, and government resources.

Author: Bo Dogan


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