Speaker McCarthy: When Will President Biden Admit That “Bidenomics” Is A Total Failure?

In Milwaukee, where President Biden is speaking today, the price of gasoline has gone up 40 cents in one month and is now up to $3.74 a gallon.

As one Milwaukee resident said, “a lot of people can’t even afford that… we gotta be able to get back and forth to work though.”

Americans everywhere are paying the price for President Biden’s failed leadership. Due to “Bidenomics,” they’re spending an extra $709 a month to pay for the same goods and services they had just two years ago. The average monthly mortgage payment is $1,083 (or 92%) higher than a year ago, and in the last month gas prices have jumped up 30 cents nationwide to $3.86 a gallon.

Americans are earning less under Biden’s failed leadership, as well. Real wages are down since President Biden took office.

Last week, Biden admitted that the “Inflation Reduction Act” is a misnomer, saying, “I wish I hadn’t called it that because it has less to do with reducing inflation than it has to do with providing alternatives that generate economic growth.”

More like alternatives to economic growth.

At the time, Speaker Kevin McCarthy and House Republicans rightly predicted that the bill was just a corrupt giveaway to the Democrat party’s special interests, not a bill that would actually bring prices down for American families. And earlier this year, 203 Democrats voted against Republican legislation that would lower fuel prices and unleash America’s energy production.

Today, in Milwaukee, there will only be one question on people’s minds when President Biden takes the stage: When will he admit that “Bidenomics” has been a total failure?

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