Joe Biden’s economic policies have been a disaster for the American people.
And the talking heads in the so-called mainstream media have done their best to sugarcoat it.
But one TV star ripped Biden’s economy with one shocking message.
Democrats are doing their best to pretend as if the economy is gangbusters, but people can feel the crunch in their wallet regardless of what talking heads say.
And Rick Harrison of the popular reality TV show Pawn Stars just pointed out the problems many Americans are facing, explaining that people have had to sell off items to stay above water.
Harrison appeared on Fox News and explained, “Twenty percent of the adult population do not have a bank account, they don’t have normal banking. If they need a little money, this is what they have to do…Gas prices are killing people, the price of food has gone … inflation has gone nuts…And I really believe lower-income people it affects much worse than it affects upper-income people.”
Inflation is a hidden regressive tax that hits the poor and the middle class the most significantly.
Rich people can afford to pay higher prices for everyday goods and services, and they tend to own assets that appreciate in value, especially in an overheated economy.
With government spending at an all-time high and interest rates artificially low for so long, people in the asset class had a great ride.
Meanwhile, middle-class people and the poor are paying twice as much at the pump or the checkout line, and their wages have not kept up with 40-year-high inflation.
Harrison added, “Rents in Vegas alone are up 24 percent in one year…You know, you take the gas prices, the food prices and everything like that: it’s much harder to make a living…There’s a lot of people, especially young people who work in the gig economy and things like that…I live in the poorest county in Oregon like four months a year. I help out a lot down there. And when you’re talking rural places, it’s even worse because these people have to drive so much more.”
Thus far, the Democrats’ response to 9% inflation and an economic recession is to spend even more money and make the problem worse.
Inflation is more dollars chasing fewer goods, so Biden and the Democrats are digging the country into a deeper hole.
Harrison said as much, explaining, “We just have a government dead-set on creating more inflation and less jobs I mean, that’s the only way I can think to say it.”
Pawn Stars’ Rick Harrison: “Gas prices are killing people…inflation’s gone nuts”
“We just have a government dead-set on creating MORE inflation and LESS jobs”pic.twitter.com/FS2x3dWnmE
— NEWSNANCY🇺🇸🇳🇱 (@NewsNancy9) August 8, 2022
There is no other way to say it when being truthful.
That’s why the Biden White House has to lie so much and change the definition of words like “recession.”
Instead of fixing the economy, Biden and the Democrats want to “fix” the language and hope that people don’t notice their paycheck isn’t going as far.
Smoke and mirrors can only get the Democrats so far.