#BidenDestroysAmerica trends on Twitter as inflation pummels American families

from The Post Millennial:

The majority of Americans are seemingly fed up with the Biden administration, and on Tuesday, #BidenDestroysAmerica began to trend on Twitter as inflation skyrocketed to a 41-year high, pummelling American families.

The majority of Americans are seemingly fed up with the Biden administration, and on Tuesday, #BidenDestroysAmerica began to trend on Twitter as inflation skyrocketed to a 41-year high, pummelling American families.

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The Bureau of Labor Statistics released their monthly Consumer Price Index last week, which revealed that inflation was up a staggering 8.6 percent from last year.
With inflation showing no signs of slowing down any time soon, chairman of the Federal Reserve Jerome Powell has been reluctant to warn Americans that it may be necessary to plunge the nation into a recession in order to curb rising prices.

Inflation rose more than expected in May, leaving Powell to decide whether or not the Fed should push tougher monetary policy to get things back on track.
Powell has hinted at the fact there may be an imminent recession, but has not used the “r-word” outright, given the images it conjures up for regular Americans.
Bloomberg analysts have predicted that the chances of a recession in 2022 are one in four, but raised the probability to three in four for 2023, saying a recession will be “hard to avoid” then.
At a news conference on Friday, President Joe Biden continued to blame Russian President Vladimir Putin for record high gas prices, and responded to reports of record high inflation by saying America can “tackle inflation from a position of strength.”
Biden opened his speech from the Port of Los Angeles in California by falsely claiming that “since I took office, families are carrying less debt on average in America, they have more savings than they’ve had.”

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