Call it Washington DC soullessness.
Back in 2023, Socialist Paul Krugman declared that “the war on inflation is over!!! “We” won, at very little cost.” I love when elitists claim “We won!” since clearly 99% of Americans lost since food, housing and car prices up are double digits under Biden.
![](https://confoundedinterest.net/wp-content/uploads/2024/06/krugmancpi.png?w=829)
The problem is that food, energy, shelter, and used cars/trucks are a huge part of Americans consumption basket.
![](https://confoundedinterest.net/wp-content/uploads/2024/06/f8q2md1wwaadbcx-1.jpg?w=941)
Under Biden, food CPI is up 23%. Home prices are up 34% and used cars/truck prices are up 17.7%.
![](https://confoundedinterest.net/wp-content/uploads/2024/06/bidenflatiopn.png?w=1024)
A note to Paul Krugman, YOU may have won, but the rest of Americans lost. Consumer purchasing power of the US Dollar is DOWN 16.5% Under Biden.
![](https://confoundedinterest.net/wp-content/uploads/2024/06/ppowerbiden.png?w=1024)
Here is where we stand under Bidenomics.
![](https://confoundedinterest.net/wp-content/uploads/2024/06/economic-and-inflation-surprise-index-chart.jpg?w=800)
Ask Joe if he cares.
![](https://confoundedinterest.net/wp-content/uploads/2024/06/image-1.png?w=299)