“`html

Since President Joe Biden took office in January 2021, American families have faced a relentless squeeze on their wallets and their future. The numbers don’t lie, and the American people deserve straight talk on this: inflation has clawed back hard-earned gains, turned grocery runs into budget battles, and pushed the American Dream further out of reach. In my years serving this country, I learned that discipline and accountability win the day—whether on the battlefield or in the federal budget. What we’ve seen under Bidenomics is the opposite: reckless spending that violates the constitutional limits our founders intended and ignores basic fiscal responsibility.
Inflation hit levels unseen in four decades because of deliberate policy choices. The Consumer Price Index climbed sharply as trillions in extra stimulus flooded an already recovering economy, energy production got strangled on federal lands, and supply chains buckled under prolonged restrictions. The administration pointed fingers at everyone else—Putin, corporations, global events—rather than owning the damage from printing money without restraint.
Working families feel it every month. Groceries rose 17.6 percent from January 2021 to June 2024. Gasoline climbed 19.8 percent. Housing and rent jumped 23.5 percent. Utilities and energy increased 20.7 percent. Medical services went up 17.2 percent. Childcare and education rose 17.2 percent. Transportation and vehicles increased 19.9 percent. These aren’t abstract figures; they represent real cuts to family life.
The human toll extends beyond monthly grocery bills. Parents skip necessary medical appointments to stretch healthcare dollars. Families delay home repairs because contractors’ costs have doubled. Young couples postpone home purchases when a down payment requires years of additional saving. Retirees on fixed incomes watch their savings erode in real terms. Small business owners face impossible choices between raising prices—and losing customers—or watching their margins disappear. These are the stories behind the statistics, and they deserve our attention and action.
Consider the compounding effect on household budgets. A family that spent $500 monthly on groceries in early 2021 now spends $586. Gas that cost $40 to fill a tank now costs $48. Rent increases that once happened annually now occur quarterly. When every expense category rises simultaneously, families have nowhere to cut. They can’t simply buy less electricity or heat. They can’t reduce their commute. The Biden administration’s policies have created a crisis of affordability with no easy escape for working Americans.
Compare that record to the prior administration. From 2017 to 2020, average annual wage growth reached 3.4 percent against 1.4 percent inflation, delivering +2.0 percent real wage growth. Under Biden, the picture reversed: 2021 showed flat real wages, 2022 brought a 3.9 percent loss, 2023 a 0.1 percent dip, and only modest recovery by mid-2024. A typical family of four earning $75,000 saw monthly expenses rise from $3,750 to $4,502—an extra $9,024 a year that their paychecks never matched.
The contrast in key metrics tells the story plainly. Average inflation stayed at 1.8 percent annually under Trump versus 4.9 percent under Biden. Unemployment hit a record 3.5 percent low before rising to the 3.9-4.2 percent range. Median home prices stood at $272,000 compared with $429,000 now. Average gas prices were $2.37 a gallon versus $3.42. The U.S. was a net energy exporter; that independence eroded. Real wage growth averaged +2.0 percent annually before turning negative.
These outcomes trace directly to policy decisions: excessive stimulus packages like the $1.9 trillion American Rescue Plan passed on party lines, the immediate shutdown of the Keystone pipeline and restrictions on domestic drilling, extended lockdowns that wrecked supply lines, and a regulatory assault that raised costs for businesses and consumers alike. In my years serving this country, I learned that you cannot spend what you do not have without consequences—yet here we are, watching the dollar’s purchasing power diluted while border security and constitutional guardrails on spending get ignored.
The administration’s own economists warned about overstimulation. When COVID vaccines became widely available and the economy began reopening in early 2021, the recovery was already underway. Yet the American Rescue Plan injected an additional $1.9 trillion into an economy that didn’t need it. This wasn’t emergency relief—it was ideological spending designed to expand government programs and reshape the social safety net. The result was predictable to anyone who understands basic economics: too much money chasing too few goods equals inflation.
Energy policy deserves special examination. On day one, President Biden canceled the Keystone XL pipeline, eliminating thousands of good-paying jobs and signaling hostility toward domestic energy production. Restrictions on federal lands, permitting delays for new projects, and regulatory barriers made it harder to increase oil and gas production when global energy markets were tightening. When supply can’t meet demand, prices rise. This wasn’t a market failure—it was a policy choice that made Americans dependent on foreign energy and vulnerable to global price shocks. The energy independence we achieved under the previous administration didn’t happen by accident; it required policies that encouraged production and removed obstacles to exploration.
The supply chain disruptions that persisted longer than necessary also stemmed from policy. Prolonged lockdowns, vaccine mandates that disrupted the workforce, and reluctance to address port congestion extended the period during which goods remained scarce and expensive. While some supply chain issues were global in nature, American policymakers had tools to mitigate the damage—tools they chose not to use effectively.
It’s worth examining how inflation disproportionately harms those who can least afford it. Wealthy families with savings and investments can weather price increases; they own assets that often appreciate during inflationary periods. Middle-class and working families living paycheck-to-paycheck have no such cushion. A single mother working two jobs feels every percentage point of grocery inflation. A young couple saving for a down payment watches their progress erased by housing price increases. Retirees with modest pensions see their purchasing power shrink year after year. The regressive nature of inflation makes Bidenomics particularly cruel to those already struggling.
Restoring order means returning to proven principles. Unleash American energy production again. Cut wasteful programs back to constitutional bounds. Reduce regulations that punish producers and raise prices. Protect the dollar through sound policy that rewards work, not government expansion. Restore fiscal discipline by rejecting the notion that deficit spending has no consequences. Support the Federal Reserve’s efforts to restore price stability without undermining them through political pressure. American families built this nation through discipline and sacrifice; they deserve leadership that honors those same values instead of undermining them.
The path forward requires acknowledging that the inflation crisis was not inevitable and was not primarily driven by external factors. It resulted from specific policy choices that prioritized ideological goals over economic common sense. Until we return to sound fiscal and energy policies, American families will continue bearing the burden of reduced purchasing power, diminished opportunity, and a future that seems less secure than the one promised to them.
Sources
“`



