Increase In Prices Is Outpacing Increase In Wages

War Room Pandemic

Steve Moore talks to War Room host Stephen K. Bannon about the inflation spiral unleashed by the Biden administration.

“Consumer prices are rising more rapidly than those statistics are indicating. I don’t think they properly weight the most important things that Americans buy every week and that’s food and vegetables … and gas/energy. … For the last four months now, Steve, the increase in prices is rising faster than the increase in wages. That means that people’s real income, their real purchasing power is shrinking. Their paycheck is shrinking under Joe Biden. … We’re already paying the Biden tax … because everything is more expensive because of this out of control government spending.”

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