Glenn Beck, Conservative radio host and Blaze TV founder presented some examples of price rises that occurred after President Donald Trump’s departure. Spoiler alert! Things have turned very sour under President Joe Biden.
“Inflation is surging,” Beck said on the Aug. 2 edition of his radio show, “The Glenn Beck Program.” “More and more Americans are living paycheck to paycheck.”
What is the reason? None other than Biden’s policies, which have made life more expensive across the board, Beck explained.
The number of Americans living from paycheck to paycheck is a key indicator of economic health. Beck claimed that one lost paycheck is all it takes to get into financial trouble. This figure represents 61 percent of Americans. And it’s Biden who’s responsible for that, Beck said.
CNBC reported that 55 percent of adult Americans live paycheck-to-paycheck compared to 55 percent a year ago.
This is evident by comparing the living conditions under Trump and Biden’s in June 2020. In June 2020, the inflation rate was 0.6%. One year later, the inflation rate shot up to 5.4 percent, despite Biden saying inflation was “transitory.” The inflation rate soared to 9.1 percent just last month, according to the Bureau of Labor Statistics.
The story of gas prices is similar. The “average gas price” when Trump was in office back in June 2020 was $2.17. In June 2021, Biden took office and the average gas price was $3.15. AAA data shows that the national average for gasoline prices is currently $4.16.
Another damning reflection of Biden’s economic performance is the consumer debt statistics: “Total consumer debt in [June] 2020” was negative 0.3 percent. This number rose to an astonishing positive 4.2 percent after Biden took office. “Today, total consumer debt is fourteen percent,” Beck said.
Credit card debt has risen dramatically as “inflation pushes Americans to borrow more,” The Washington Post Reported Aug.
“This is a real problem,” Beck continued. “We’re going in the wrong direction.”
These numbers, which Americans know painfully well from their everyday lives, are tanking Biden’s support levels across the country, Beck added.
“[Biden’s] approval rating is so low, not just because everything he’s doing is leading to more misery,” Beck said. “His approval rating is so low because he refuses to recognize the truth. Everytime he says, ‘We’re not in a recession,’ or ‘Inflation is just transitory,’ people stop listening to everything else he says, because their experience, their day-to-day experience is telling them differently.”
Conservatives being attacked. Call ABC News 818-460-7777, CBS News 212-975-3243 or NBC News 212-6644-6192 to ask for Biden’s resignation.
About Post Author
