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Inflation is costing American households
$385 per month, GOP lawmakers say

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Posted By: Ribicon, 3/7/2022 4:32:18 PM

GOP lawmakers in a new study are warning that skyrocketing inflation under President Biden is costing the average American household as much as $385 per month. Republicans on the Joint Economic Committee, led by Sen. Mike Lee of Utah, are out with a new analysis indicating that inflation is costing households hundreds of dollars a month in rising costs for food, gas and other essential goods. “On average, American households are paying $385 more per month, but in some areas of the country, inflation is being felt even more acutely,” said Mr. Lee.(Snip)“Families in Utah are facing costs upwards of $500 more per month due to the massive

Comments:

Americans should be proud of spending more because it demonstrates our prosperity.

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Reply 1 - Posted by: GreatGreyhounds 3/7/2022 4:40:36 PM (No. 1092866)
Try more than that...
9 people like this.

Reply 2 - Posted by: Trump Won 3/7/2022 4:44:40 PM (No. 1092871)
It is definitely more than that amount! Two weeks ago gasoline was $3.04 per gallon at the Kroger where I shop. Saturday it was $3.49. This morning it was $3.89. I live in Clear Lake, Texas with 5-6 refineries within 15 miles of me.
9 people like this.

Reply 3 - Posted by: millstream 3/7/2022 4:49:00 PM (No. 1092874)
Our costs have risen by around 700 in colorado springs
9 people like this.

Reply 4 - Posted by: BirdsNest 3/7/2022 4:56:12 PM (No. 1092881)
I think our raise for SS benefits got wiped out quickly
12 people like this.

Reply 5 - Posted by: RuckusTom 3/7/2022 5:35:16 PM (No. 1092919)
4 or 5 grand a year.
4 people like this.

Reply 6 - Posted by: JHHolliday 3/7/2022 7:49:18 PM (No. 1093059)
Easily that or more, #5. A lot of food items up 25%.
5 people like this.

Reply 7 - Posted by: stablemoney 3/7/2022 8:24:24 PM (No. 1093098)
$500 a month, and the value of your assets and everything you have to purchase anything has fallen by 10%. Escape high prices. Don't buy anything and the Fed will have to send you a check to stimulate the economy.
2 people like this.

Reply 8 - Posted by: mifla 3/8/2022 6:48:54 AM (No. 1093339)
Not only rising prices. Some items you can no longer find, even if you have the money.
1 person likes this.

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