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Every day that passes, Joe Biden spends more money we don’t have. He has spent so much that every American has taken a pay cut every single month since he took office.

“These unchecked costs drove the deficit to record highs and pushed the debt over $31 trillion,” wrote E. J. Antoni, an economist for the Heritage Foundation.

Antoni went on:

The Federal Reserve simply created the money for the government to spend, and that devalued the dollar with four-decade-high inflation.

That incredible increase in consumer prices explains why workers feel poorer although they’re making more money.

According to the Bureau of Labor Statistics, average weekly earnings are up 9% since Biden took office, but consumer prices have risen 14.9% over that same time.

The result is that real earnings (meaning earnings adjusted for inflation) are down 5.1% under Biden.

For the typical family with two parents working, their combined weekly paychecks are up about $200, but that money has lost so much purchasing power from inflation that it’s as if their weekly pay has shrunk by more than $100.

The average working American family has lost $5,600 in purchasing power under Biden because of rampant inflation.

The U.S. economy has been entirely downhill, he added.

Joe Biden is systematically devastating this country.

Follow Warner Todd Huston on Facebook at:, or Truth Social @WarnerToddHuston


Warner Todd Huston

Warner Todd Huston has been writing editorials and news since 2001 but started his writing career penning articles about U.S. history back in the early 1990s. Huston has appeared on Fox News, Fox Business Network, CNN, and several local Chicago News programs to discuss the issues of the day. Additionally, he is a regular guest on radio programs from coast to coast. Huston has also been a Breitbart News contributor since 2009. Warner works out of the Chicago area, a place he calls a "target rich environment" for political news.


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