Can’t even enjoy Fast Food anymore
byu/ShadowcreConvicnt inConservative
The cost of living has gone through the roof since Biden took office — and there’s no end in sight
CPI is a broad measure of how much everyday goods like gasoline, groceries and rent cost. Contained in the Labor Department’s report are figures for so-called core prices, which exclude the more volatile measurements of gasoline and food in order to better assess price growth trends. Biden celebrated that core prices only rose 0.3% in April and 3.6% from the same time last year — the lowest reading since 2021.
However, price increases at slower rates are still price increases, and Americans face far higher costs today than when Biden assumed office in January 2021.