Costly Christmas due to Biden economy while President laughs that Christmas will ‘cost you some money’

LEARN MORE!

***The Iowa Standard is an independent media voice. We rely on the financial support of our readers to exist. Please consider a one-time sign of support or becoming a monthly supporter at $5, $10/month - whatever you think we're worth! If you’ve ever used the phrase “Fake News” — now YOU can actually DO something about it! You can also support us on PayPal at newsdesk@theiowastandard.com or Venmo at Iowa-Standard-2018 or through the mail at: PO Box 112 Sioux Center, IA 51250

Everyone is feeling the pinch of the Biden economy. The Bureau of Economic Analysis revealed that personal consumption expenditures rose 5.7 percent from last year. This represents the largest spike in nearly 40 years.

Couple that fact with the facts consumer prices rose at the fastest pace in 39 years and producer prices rose at the fastest pace on record.

Paychecks are getting smaller while prices are going higher. None of this is good. Prices up, wages down.

If you

When asked about concerns related to the supply chain, Biden instead said the problem will be gifts are going to “cost you money” as he laughed about it. The cost of the holiday is up by as much as 15 percent compared to last year.

Author: Jacob Hall