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According to the Bureau of Labor Statistics, the cost of food for a Labor Day barbecue has significantly increased since the Biden-Harris administration took office in January 2021. Ground beef is up 26%, hot dogs 25%, chicken 23%, biscuits 28%, beer 16%, lettuce 21%, and condiments 24%.
When former President Trump left office in January 2021, the inflation rate was 1.4%. Under the Biden-Harris administration, it quickly surged, reaching 2.6% by March 2021, 4.2% by May, 5.4% by July, 6.2% by October, 7% by December, and peaking at 9.1% in June 2022. It took until June 2023, two and a half years into the administration, for inflation to drop back to 3.0%.
The United States Senate Committee on Agriculture, Nutrition and Forestry, noted the following in early March:
“Based on estimates from the Congressional Budget Office (CBO) the American Rescue Plan Act of 2021, the inaptly-named Inflation Reduction Act of 2022, and the 2021 Thrifty Food Plan Re-evaluation combined to increase federal spending by trillions in fiscal years 2021 and 2022. At a time when the economy was still recovering from COVID-19 supply chain disruptions, this rapid and significant influx of funding overheated consumer demand and contributed to historic inflationary pressure across the entire U.S. economy… Led by food, transportation, energy, and housing costs, consumer prices have increased nearly 20% since January 2021. The cumulative impact of inflation over the last 37 months is the highest pace of inflation of any administration since President Carter was in office.”
Labor Day barbecues are more expensive than ever thanks to to the failed economic policies of Kamala Harris:
🐄Beef: 26%📈
🌭Hot Dogs: 25%📈
🐔Chicken: 23%📈
🍞Biscuits: 28%📈
🍺Beer: 16%📈
🥬Lettuce: 21%📈
🍅Condiments: 24%📈 pic.twitter.com/Io4GeMcNUf— Trump War Room (@TrumpWarRoom) September 2, 2024
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