President Joe Biden has failed the American people once again. While the ongoing Ukraine-Russia crisis has put Americans on edge, the conflict also has worsened a domestic problem that targets our wallets and pocketbooks. Inflation is the highest it has been in 40 years, and the sad reality is that there is no end in sight.
Consumer prices jumped an astonishing 7.5% last month, compared to a year earlier, according to the labor department. Goods and services both cost significantly more nowadays. In a recent analysis by Help Advisor, reported by Fox Business News, displays that nearly 24% reduced their food and medicine bills so that they could afford their energy bill. As energy and the cost of food rise, people’s carts become more bare. In a recent article, AP News shared the story of Courtney Luckey, an American experiencing the effects of inflation. One hundred dollars used to fill her cart; however, now that same amount fills half a cart. Luckey isn’t the only American going through this. It is affecting most of the working class. Medicine and food have seemingly been put on the backburner as other bills must take priority.
Small businesses and large corporations are suffering as well. Due to higher costs for supplies and labor, small businesses are looking to compete with their larger competitors that have more money on hand. This has caused some small businesses to take on debt or use the cash they were saving. Although small businesses are trying to keep up, the corporations have their own struggles. For example– according to AP News–Chipotle has increased its menu prices by a staggering 10%. The company even warned that if inflation keeps rising, so will prices.
Even though the horrific inflation that America is already dealing with is suffocating the general public’s wallets, prices are bound to rise as the United States is involved in the Ukraine-Russia affair. It is estimated that this issue could cause inflation to surge to 10% if the conflict worsens, according to Fox Business.
The person to blame in this situation is Biden. He promised to “revitalize” the economy after COVID-19 wrecked it. Has he done that? No, Biden has done the exact opposite and caused Americans to struggle even more. Inflation will not get better anytime soon, but midterm elections are coming up. Every politician should be held accountable for their actions. While Democrats are in power, there are Republicans that also must be held accountable. Most of these politicians are millionaires who can not relate to the American people struggling day in and day out. As reported by Open Secrets, a news source focused on following the money in politics, more than half of the members in the 116th Congress are millionaires. Out of the members who filled disclosures last year, the median net worth was just over one million dollars.
Politicians aren’t deciding if they can afford their medicine or should buy a little more food to put on the table. Inflation may continue to rise, but the American people can rise above it by rocking the vote and making sure our voices are heard. Enough is enough. Politicians must be held accountable and forced to see the harsh reality of life.
