Biden’s Record Inflation Of 8% Is Costing US Families An Extra $300 A Month

“Unfortunately, things will get worse before they get better,” said one senior economist

Credit: The Post Millennial

The Bureau of Labor Statistics published their monthly inflation report on Thursday which showed the United States experienced a 7.9 percent increase in February 2022.

Ryan Sweet of Moody’s Analytics told the New York Post that higher energy prices play a dominating factor in the Consumer Price Index.

The outlet crunched the numbers and calculated that American households will now be spending an extra $296.45 in costs because of inflation.

President Biden called it “Putin’s price hike” in a statement responding to the newest numbers.

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