BACK
This post may refer to COVID-19

This post may refer to COVID-19

To access official information about the coronavirus, access CDC - Centers for Disease Control and Prevention.

Has Biden's economy, inflation changed lives? Americans weigh in
www.foxbusiness.com

Has Biden's economy, inflation changed lives? Americans weigh in

Grocery shoppers in New York and Virginia shared how the economy under Joe Biden has impacted them after the president's outburst during an AFL-CIO conference.

Economy

Grocery store shoppers in New York and Virginia shared how the economy and surging inflation under President Biden has affected their lives.

"Biden has definitely changed my life for the worse," Brad, of Virginia, said. "It seems to me it’s a much more ideological administration than I think anyone ever bargained for, and that’s led to the problems were seeing now."

President Biden said during a speech before the AFLI-CIO that he didn't "want to hear any more of these lies about reckless spending" and that his administration is "changing people’s lives."

Click to continue reading

"I think the government is definitely spending too much, and that’s contributing a lot to the inflation that we’re seeing right now," Brad said.

But another shopper said Biden shouldn't be blamed for the state of the U.S. economy.

"I don’t think he’s the main cause of things going up," Jerry, of Staten Island, said.

"I’m between two parties," he added. "I hate to see one party put the blame on somebody whose in power."

Critics have argued that the Biden administration's spending – such as on the last round of COVID-19 stimulus checks – has fueled price surges. The government's pandemic spending caused inflation to rise 3% by the end of 2021, according to the Federal Reserve Bank of San Francisco.

Inflation increased by 8.6% in May – a 40-year high, according to the Department of Labor.