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US Inflation: Why Joe Biden Is Worried More Than Common People?
By: Tupaki Desk | 13 July 2022 3:30 PM GMT
People in India are not having a good time as far as the prices of commodities and cooking gas are concerned. The cooking gas and food prices have reached peaks and people are unable to deal with the prices. At regular intervals, the prices are increasing.
It appears like the growing inflation is not bothering India alone and even the big nations are facing the wrath. Just like India, the cooking gas and other essential commodities prices are soaring up and breaking the backbone of the people in the United States.
As a result of the inflation, the prices are increasing at a higher rate. Experts say that inflation reached a high point in the past 40 years in the superpower nation and the inflation was recorded at 9.1 percent in June. The last time America saw inflation at a big level was back in 1981.
Like how slow poison kills a person, the inflation rate which is increasing steadily on a monthly basis is breaking the backbone of the common man. The growing inflation is resulting in families with lower incomes facing the wrath of the soaring prices.
Besides the cooking gas and food products, even the emergency services prices also increased. This is a big concern for the experts and the people in the country as well.
More than the people, President Joe Biden is fearing inflation and the much-awaited polls are fast approaching. Joe Biden is facing criticism for various reasons like Covid mismanagement, gun violence, and personal reasons like his son getting involved in unwanted activities.
The United States will go for the mid-term polls in November. As far as the polls are concerned, both Democrats and Republicans are gearing up to chalk out the campaign activities.
Joe Biden is facing anti-sentiment in the United States and his approval ratings have fallen massively. On top of this, the majority of the respondents are not happy with the Joe Biden Administration.
Now the inflation rate is likely to work against President Joe Biden and the Democrats might lose the support for the upcoming midterm polls. If Joe Biden won't address the situation then the Democrats would have to face a disaster.
It appears like the growing inflation is not bothering India alone and even the big nations are facing the wrath. Just like India, the cooking gas and other essential commodities prices are soaring up and breaking the backbone of the people in the United States.
As a result of the inflation, the prices are increasing at a higher rate. Experts say that inflation reached a high point in the past 40 years in the superpower nation and the inflation was recorded at 9.1 percent in June. The last time America saw inflation at a big level was back in 1981.
Like how slow poison kills a person, the inflation rate which is increasing steadily on a monthly basis is breaking the backbone of the common man. The growing inflation is resulting in families with lower incomes facing the wrath of the soaring prices.
Besides the cooking gas and food products, even the emergency services prices also increased. This is a big concern for the experts and the people in the country as well.
More than the people, President Joe Biden is fearing inflation and the much-awaited polls are fast approaching. Joe Biden is facing criticism for various reasons like Covid mismanagement, gun violence, and personal reasons like his son getting involved in unwanted activities.
The United States will go for the mid-term polls in November. As far as the polls are concerned, both Democrats and Republicans are gearing up to chalk out the campaign activities.
Joe Biden is facing anti-sentiment in the United States and his approval ratings have fallen massively. On top of this, the majority of the respondents are not happy with the Joe Biden Administration.
Now the inflation rate is likely to work against President Joe Biden and the Democrats might lose the support for the upcoming midterm polls. If Joe Biden won't address the situation then the Democrats would have to face a disaster.
