A political action committee (PAC) supporting former President Donald Trump launched a new website showing the extent of price increases during the tenure of President Joe Biden.
Make America Great Again Inc. PAC launched the site Biden-Mart.com, which tracks the price of a number of essential items.
The site calls on readers to check the prices and to “compile your weekly grocery list and see how much more expensive your bill has become under Joe Biden.”
"Even if every media outlet and the president continue to insist that ordinary Americans' lives are getting better because of falling inflation, we know that's not right."https://t.co/8dfpavCw6t
— reason (@reason) March 30, 2024
Overall, the site showed a sharp increase in prices over the last three years. This included an increase of an average of more than 50% for items such as fruit, ground beef, milk, sugar and coffee.
The prices are sourced from official government data starting when Biden took office in 2021.
“Putting food on the table has become harder than ever thanks to ‘Bidenomics,’” read the site. “As costs for everyday items continue to rise, American families are struggling more and more to foot the bill.”
Overall inflation has increased by 19% over the last three years, with food prices increasing by 25%. This included a 3.2% increase in the Consumer Price Index (CPI), which was higher than expected. It was also higher than the 3.1% inflation rate registered the previous month.
The Federal Reserve’s inflation goal is 2%.
The pressure of inflation has led to a number of changes at major stores. A large number of Americans reported difficulty in buying ordinary items at retailers, especially food.
Several retailers and manufacturers have made significant changes to prices and the size of certain items. Some food companies have reduced the size of their products while keeping it at a similar price.
Some inexpensive retailers have announced a significant increase in prices, including Dollar Tree, which announced another price rise in 2021.
“People are going through hell,” Trump said. “The middle class in our country has been routed and the middle class largely built our country and they have been treated very, very badly with policy.”
