The Biden-Harris Economy Sucks

✪ With less than 90 days to go until the election, several recent polls have revealed how a majority of Americans feel they are suffering because of the state of the economy under the Biden-Harris Administration…

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s U.S. consumers feel the brunt of the worst inflation since Jimmy Carter was president, higher costs for groceries, insurance, health care, rent and more; they have been voicing their true feelings in numerous surveys about the economy.

Americans strolling the grocery aisles are confronted with sticker shock at every turn, a central issue that has plagued the Biden-Harris Administration since its inception comes into focus: inflation is still taking its toll.

And it is not just any inflation, but the kind of inflation that strikes at the heart of every family’s kitchen—grocery prices.

The numbers tell a grim story. Polls consistently show that inflation is the top concern for voters, and it’s easy to see why. Under the Biden-Harris Administration, the cost of “food at home”—bureaucratese for groceries—has surged by over 21 percent.

A recent YouGov poll found that a staggering 77 percent of Americans consider inflation a “very important” issue. A poll for the Financial Times found that 78 percent of registered voters say inflation has been one of the three biggest sources of personal financial stress.

Food inflation is at the heart of voter anxiety over price increases. The Financial Times poll found that seventy-eight percent of voters said food inflation is a major drag on their financial situation.

The first 42 months of the the Biden-Harris Administration have seen the biggest increase in food inflation under any president since Jimmy Carter. It is the third largest increase over the first three-and-a-half years of a presidential term ever recorded in data going back to 1952, trailing Carter’s record and Nixon’s second term.

Despite the rhetoric from the White House, which seeks to downplay this issue by pointing to recent moderations in price increases, the fact remains that grocery prices have skyrocketed under Harris’ watch. Harris played a pivotal role in the legislative agenda that led us to this point. Her tie-breaking votes in the Senate helped push through trillions in wasteful spending, which many economists say helped fuel the inflation crisis.

In an Economist/YouGov poll that surveyed 1,618 adult citizens between August 4-6, 84 percent of respondents said they are about the same or worse off financially compared to a year ago.

Only five percent described the economy as “excellent,” while 44 percent rated it as “poor.”

Bidenflation Reignited! https://t.co/22IRhR3exf
— Breitbart News (@BreitbartNews) April 10, 2024

In a late July Gallup poll, 70 percent of respondents said the American economy is getting worse.

“Generally, people are negative about the economy,” senior Gallup editor Jeff Jones said. “We did see some improvement earlier in the year, but all those gains have been lost.”

The poll, conducted using a random sample of 1,010 adults, found that the economy and inflation are among Americans’ top issues.

“The majority of people still say that inflation has caused hardship for their families, so I think that’s really kind of underlying a lot of what we see, even though a lot of the macroeconomic numbers are pretty strong at this point,” Jones told WTOP.

In another late July survey conducted by Harvard-Harris, 61 percent of respondents said the economy is on the wrong track and 60 percent think the economy is weak.

Yet food prices continue to rise. The index for food rose 0.2 percent in July and was up 0.1 percent for the category covering groceries, the second straight month of rising prices following four months of negative readings on the consumer price index for food at home.

Vice President Kamala Harris and President Joe Biden have spent the last three and a half years promoting the same ideas and touting the same economic programs. That is now seen as a burden for Harris as she tries to distance herself from Biden’s unpopular programs and economy.

Soviet-style centrally administered price controls on food and grocery prices will form part of the federal economic proposals Harris will unveil Friday when she finally delivers a public insight into her 2024 policies.

Her address will mark the first time Harris offers a policy focused speech since she was anointed as the Democrat candidate in July.

As the Democrat nominee, she is promising to institute a first-ever national ban on price gouging and price-fixing within her first 100 days in office in an effort to deflect many voters’ low marks for President Joe Biden’s handling of the economy.

Time magazine reports Harris plans to direct the Federal Trade Commission and other agencies to investigate and penalize “big corporations” that violate government rules in a mirror of Soviet command economy diktats.

Other ways of tackling price fixing and selective anti-competitive practices in the food and grocery industries will also come under scrutiny, her campaign said by way of previewing her full set of economic proposals.

However, Harris is likely to have trouble escaping responsibility for inflation and the current national economic malaise. As vice president, she set a record for casting the most tie-breaking votes in the Senate for Biden’s partisan legislation, including some of the largest deficit spending bills in recent history. Many economists see the $1.9 trillion American Rescue Plan, passed with Harris’s tie-breaking vote shortly after Biden and Harris took office, as a key accelerant of inflation.✪

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