Last Updated on October 6, 2022
Americans say that the true level of inflation at grocery stores dwarfs the level claimed by the Biden Administration’s “official” figures, with American shoppers reporting massive price increases in everyday goods far greater than the supposed rate of 13.5%.
American families report that they’re having a far tougher time putting food on their tables and stocking their homes with everyday items than the Biden Administration’s “official” figures around inflation would suggest, with the results of a recent study showing how dire the results of Biden’s 3rd-world economic policies have become.
Though the Biden Administration claims that grocery inflation is sitting at 13.5%, with overall inflation resting at 8.5%, the Americans surveyed, and others like them, say that Biden’s figures are far from reality. Much like the price of gas, the price of food and everyday home goods has skyrocketed under Biden.
The inflation-driven price jumps mark the biggest increase experienced in the U.S. since the 1970s when Jimmy Carter’s left-wing economic policies besieged America.
According to the results of a recent survey performed by consumer data firm Dunnhumby, the Biden inflation economy has caused Americans to begin cutting portions when preparing food, or to skip a meal altogether and go hungry.
31% of Americans surveyed told Dunnhumby that they’ve begun cutting portion sizes or skipping meals to deal with the impacts of Joe Biden’s inflation. That figure has risen by 5% since May when Dunnhumby performed a similar survey of Americans.
Raising even more alarms, 18% of the 2,000 Americans surveyed said they’re not getting enough to eat on a regular basis.
Presenting a wider view of how the price jumps are impacting American families, a whopping 64% of those surveyed reported that they’d be unable to come up with $400 in case of an emergency. That figure as well has increased by around 5% since Americans were asked a similar question in May.
Video: Robert Kiyosaki Blasts ‘Communist’ Biden Energy, Economic Policies as ‘Plot to Destroy America’
As the effects of left-wing economic policies sweep the globe in 2022, those in Europe are dealing with historically bad consumer economies and a massive fuel crisis to boot.
In Germany, inflation has passed double digits for the first time in decades and fuel prices have skyrocketed, increasing by 43.9% when compared to this time last year. The situation has become so bad, that state security officials are warning that “mass civil unrest” could result.