Labor Day barbecue costs are up by more than 25 percent since Joe Biden took office. The Bureau of Labor Statistics says that ground beef costs 26% more than in January 2021, while hot dogs cost 25% more, biscuits cost 28% more, and condiments cost 24% more, notes the Daily Wire. “On January 2021, when former President Trump left office, the inflation rate rested at 1.4%. The inflation rate immediately began a dizzying ascent with the advent of the Biden-Harris administration, rising from 2.6% in March 2021 to 4.2% in May 2021, to 5.4% in July 2021, to 6.2% in October 2021, to 7% in December 2021, to 8.5% in March 2022 to 9.1% in June 2022.” By July 2024, though, the inflation rate had gone down to around 3%.
The Daily Wire adds,
“Based on estimates from the Congressional Budget Office (CBO) the American Rescue Plan Act of 2021, the inaptly-named Inflation Reduction Act of 2022, and the 2021 Thrifty Food Plan Re-evaluation combined to increase federal spending by trillions in fiscal years 2021 and 2022,” the United States Senate Committee on Agriculture, Nutrition and Forestry, noted in early March. “At a time when the economy was still recovering from COVID-19 supply chain disruptions, this rapid and significant influx of funding overheated consumer demand and contributed to historic inflationary pressure across the entire U.S. economy.”
“Led by food, transportation, energy, and housing costs, consumer prices have increased nearly 20% since January 2021. The cumulative impact of inflation over the last 37 months is the highest pace of inflation of any administration since President Carter was in office,” the committee continued.
In May, CNN’s Erin Burnett said to President Biden, “Grocery prices are up 30 percent, more than 30 percent since the beginning of the pandemic, and people are spending more on food and groceries than they have at any time really in the past 30 years. I mean, that’s a real day-to-day pain that people feel.”
Vice President Kamala Harris fueled inflation by casting the tie-breaking votes in the Senate for the biggest, most inflation-causing spending increases under Joe Biden, as discussed in news articles such as “VP Harris’ tiebreaker votes were key to inflation-boosting policies: expert.”
President Biden’s policies caused inflation, according to even Democratic economists like Harvard’s Larry Summers — who was Treasury Secretary under President Clinton — and Obama advisor Steven Rattner. As Rattner noted in the New York Times, Biden has spent “an unprecedented amount” of taxpayer money, which resulted in “too much money chasing too few goods.”
An expert says there “are two major ‘legislative drivers‘ of exploding costs on the Biden-Harris watch,” and Vice President Harris cast the deciding vote to approve them in the U.S. Senate, where the vice president can cast tie-breaking votes.
