Biden Brags about Economy, While Americans Starve, Prices Rise, Inflation Skyrockets

Uncategorized

(Dmytro “Henry” Aleksandrov, Headline USA) The recently released new economic data disproved Joe Biden’s claims that the American economy is thriving by revealing that Americans are starving due to the high prices and unbearable inflation.

The number of Americans who were food insecure increased from 2021 to 2022, according to the Daily Caller.

As it was revealed in a recent report from the U.S. Department of Agriculture, in 2022, it was difficult at some point during the year for 12.8% of American households, or 17 million households, to provide enough food for all members of their family, compared to 10.2% in 2021.

The data that was released in October 2023 came after Biden bragged about the non-existent strength of the American economy following substantial Gross Domestic Product [GDP] growth of 4.9% in the third quarter of 2023.

It was also revealed in the USDA report that, at some point in 2022, 17.3% of U.S. households with children under 18 were food insecure, with parents and caregivers forgoing food for themselves to maintain a normal diet for the kids. Additionally, in 2022, children, themselves, were food insecure at some point during the year in 8.8% of households.

At least one of the three largest federal nutrition assistance programs — the Supplemental Nutrition Assistance Program, the Special Supplemental Nutrition Program for Women, Infants and Children and the National School Lunch Program — were used by around 55% of households that were considered food insecure.

“The Household Food Security report underscores that Congress must act on the Administration’s repeated requests to fully fund the Supplemental Nutrition Assistance Program for Women, Infants and Children [WIC], to ensure that millions of low-income pregnant women, new mothers, infants and children can continue to receive critical help,” a White House spokesperson said.

Even though the inflation slowly decelerated after it peaked at 9.1% in June 2022, it nevertheless stayed elevated and measured at 3.7% for both September and August 2023, which is far from the Federal Reserve’s 2% target. The Federal Reserve Bank of St. Louis showed that since Biden first took office in the first quarter of 2021, real wages have declined by 2.1%.

As was reported by Breitbart, the cost of goods and services rose 0.4% for a second consecutive month in September, which challenges the view that the Federal Reserve’s rate hikes are still bringing down inflation.

Due to inflation and high prices, people were not able to buy food, which resulted in food banks all around the United States reporting a massive uptick in the demand for assistance.

Some of those food banks also said that the number of people they have received is even higher than during the COVID-19 pandemic when many people were fired due to closures.

Source