The cost of living has risen significantly in the last year, with the consumer price index soaring more than 8% in the last year.
Gas prices have nearly doubled in some areas of the country since President Joe Biden took office.
Want to buy a home? The continuing rise in lumber prices adds a $36,000 premium to the cost.
Daily rates for car rentals are as much as $200 a day in some vacation spots, used car prices are skyrocketing, and you can’t even find a new car or truck at dealerships. If you do, expect to pay over the sticker price.
As for groceries, food prices are at their highest level in more than a decade.
Yeah, the cost of basic goods and services are quickly getting out of reach for the average American.
But don’t tell on the Biden administration that.
The White House boasted Thursday in a tweet that cost of a Fourth of July cookout is actually down from last year! How much will you have? 16 cents in 2021 compared to 2020 to what you paid last year.
Wow. What a discount.
Savings highlighted in the tweet included the cost of a 13-ounce bag of potato chips dropping by 1 percent and a three-pound portion of center cut pork chops plummeting by 2 percent. A 32-ounce serving of pork and beans, listed at $1.90, represented the largest savings at a 13 percent reduction.
“Planning a cookout this year?” the tweet asked, alongside an animated image listing the price drops. “Ketchup on the news. According to the Farm Bureau, the cost of a 4th of July BBQ is down from last year. It’s a fact you must-hear(d). Hot dog, the Biden economic plan is working. And that’s something we can all relish.”
Golly. How wildly clever.
Of course, the cost to shut down the entire U.S. economy for a year was several trillion dollars (and growing). So that kind of puts that $0.16 into perspective, no?