The average American household is estimated to be poorer since Joe Biden took office. According to the Heritage Foundation, “the average American family has lost $7,200 in household income under President Biden; individual Americans are $4,200 poorer, as well.”

Biden has effectively wiped out the financial gains that were made under President Trump.

Trending: BIDEN Makes Incredibly Creepy Statement To Woman In Audience...”We go back a long way...She was 12, I was 30″ [VIDEO]

The average household loss of $7,200 was calculated by doubling the inflation number of $3,000 and adding $1,200 in interest rate losses. Consumer prices have risen 12.7% since January 2021, faster than wages. Heritage analysts say inflation rates have cost the average worker $3,000 in yearly purchasing power

Use promo code FedUp at checkout and save big on these luxurious MyPillow Percale Bed Sheets.

In a press release, the Heritage Foundation said,

“This financial catastrophe for American families is the direct result of a president and Congress addicted to spending our money, combined with a Federal Reserve compliantly enabling this addiction by printing more dollars.”


Join The Conversation. Leave a Comment.

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the ∨ icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.