Americans Feel Squeezed as Insurance and Healthcare Costs Outpace Wages
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Insurance costs like auto and homeowner's insurance have risen sharply, over 20% in the past year, outpacing official inflation rates.
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Health insurance costs have also gone up for many, with employer contributions rising over 20% while wages stagnate.
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Biden is touting low inflation but most Americans are experiencing much higher price increases on necessities like housing, insurance and healthcare.
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The media claims the economy is strong and inflation is slowing, but this doesn't match many Americans' economic realities.
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Biden deserves blame for reckless spending that has fueled inflation, but is in denial while asking Americans to trust his ability to fix the economic mess.