Thursday, June 27, 2024

Biden Spokesman Jean-Pierre: Gas, Food Prices Down. Data: No, They Aren’t.

In the real world where Americans live, gas, food, and other consumer prices have risen dramatically since President Joe Biden took office.

"So, yes, eggs and milk and there were grocery things that were up. It has gone down. It has gone down since 2022," she said: Gas prices, because of the actions that this president took, and let's not forget Russia did enter Ukraine; that caused gas prices to tick up.

The president took action, tapped the and we saw gas prices go down.

The Truth About Prices In fact, prices are not down, as the Republican National Committee noted on X. "Grocery prices are up 20% since Biden took office," it reported, and "Gas is up 44% since Biden took office." Indeed, year to year, food prices increased an average of 3.9 percent in 2021 over 2020, 9.9 percent in 2022, and 5.8 percent in 2023, and have gone up 2.26 percent so far this year, the US Inflation Calculator says.

The prices of other items rocketed skyward anywhere from 30 to 198 percent.

Housing Out of Sight Average home prices are out of sight as well, again, thanks to Bidenomics.

In the fourth quarter of 2020, the average price of a single-family home was $396,900, the St. Louis Fed reports. 

https://thenewamerican.com/us/politics/biden-spokesman-jean-pierre-gas-food-prices-down-data-no-they-arent/

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