80% of Americans believe Biden keeps gas prices high on purpose.
Many people in the United States, who are being financially burdened by rapidly increasing prices for gasoline and diesel fuel, have come to the realization that these increases are not the result of random market pressure. Instead, the majority of people now believe that President Joe Biden is intentionally trying to increase the price of fuels in order to push a radical green energy agenda and that he does not mind harming them in the process.
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According to a new poll conducted by the Convention of States Action and The Trafalgar Group, more than half of voters (53 percent) believe that the Biden administration is intentionally letting gas prices increase in order to make Americans use fewer fossil fuels. This finding comes from the results of a survey that was conducted earlier this month.
A little more than 39.6 percent of people have stated that they do not believe it.
According to Mark Meckler, president of the Convention of States Action, “surging gas prices are creating immense hardships both for everyday Americans and for our economy in general.” “The incomprehensible and absurd notion that Washington, D.C. is conspiring against the people of the United States of America explains why President Joe Biden’s poll numbers are so dismal,”
It is interesting to note that the survey was carried out toward the end of the month of May; since then, the cost of gasoline and diesel fuel has continued to skyrocket on a nearly daily basis. The American Automobile Association (AAA) reports that the national average price of a gallon of gasoline has now surpassed $5 for the very first time in the history of the country.
What a dreadful CPI print you have there. Seema Shah, the chief strategist at Principal Global Investors, remarked that not only was it higher than expected on almost all fronts, but pressures were also clearly evident in the stickier parts of the market. When it does start to fall, whenever that may be, the decline in inflation will be excruciatingly slow.
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In addition to the price of fuel, other costs such as food and rent have also seen significant increases. According to Fox Business, price increases for nearly everything have begun seriously eating away at the wage gains that many Americans made during the term of former President Donald Trump.
According to the findings of the Labor Department, “Real average hourly earnings decreased by 0.6 percent in May compared to the previous month. This was due to the increase in inflation, which eroded the 0.3 percent total wage gain. According to the report, real earnings on an annual basis were actually down 3 percent in the month of May.
Inflation has forced U.S. households to pay more for food, gas, and rent. According to the report, the burden is disproportionately borne by low-income Americans, whose already-stretched paychecks are heavily impacted by price fluctuations. The report also noted that “the burden is disproportionately borne by low-income Americans.
In the meantime, President Joe Biden stopped by the late-night talk show of Jimmy Kimmel this week, where he lauded the nation’s improving economic conditions while referring to inflation as the bane of our existence. In addition, Biden advocated for the reduction of costs associated with prescription drugs and child care, implying that it may be relatively easy to pass legislation through Congress.
It will only take a few more votes for us to be able to put an end to this mess. You need to get the message across to people in a way that is understandable to people like the folks in my family and where we grew up, and you need to tell people what the facts are in a straightforward manner. The truth of the matter is… The goal here is to strengthen the economy… Biden emphasized that there should be no more trickle-down. From the bottom up, and working our way up through the middle, because when the middle is successful, everyone is successful.