Bidenflation: Economy is TANKING, yet Biden is taking a victory lap?!

President Biden doesn’t seem to be aware of much, especially not the tanking economy.

While in Milwaukee yesterday, the president claimed that he has decreased inflation. Meanwhile, the American people are spending more than $700 more a month than they were two years ago in order to survive.

“The pay for low-wage workers has grown at the fastest rate in two decades. Wages are growing faster than inflation,” Biden told the Milwaukee crowd.

“Yeah, that’s actually not true,” Sara Gonzales of "The News & Why It Matters" says, noting that wages are actually down 3% and “everything sucks.”

Biden’s treasury secretary, Janet Yellen, isn’t helping either.

“Americans know best, I think, about their own personal finances and it is important to recognize that when they’re asked how are they personally doing, over 70% of Americans say that they’re very comfortable with their financial situation,” Yellen told a CNN anchor.

“So, they seem to perceive the economy as a whole as doing less well than they are personally, but most Americans feel good about their own economic situation,” she added.

Gonzales isn’t surprised that Yellen is gaslighting the American people, mentioning that despite Americans doing so great, America’s homeless population has experienced its largest spike on record.

“Roughly 11% increase, marking the largest jump in over 15 years of tracked data,” Gonzales says.

Why is this happening?

According to the Wall Street Journal, the surge in homelessness is primarily due to rising housing costs and rent rising over 15% nationally since the pandemic, with the national median rent price at $2,029.

“That, my friends, is the real ‘Bidenomics,’” Gonzales adds.

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