Photo credit: CNN
Prices are up. Wages are down. And families are falling deeper into debt as they struggle to keep up with soaring costs as a result of Biden’s reckless spending that Governor Lujan Grisham supported.
According to CNBC, Americans took an average 2.4% pay cut last year as high inflation burned through paychecks.
Worse, families are now being driven into debt to keep up with rising costs. Average household debt is increasing quickly, now up 6.2% from a year ago.
“Democrats’ reckless spending, supported by Michelle Lujan Grisham, set off an inflation crisis that’s driving costs up, wages down and forcing hard-working families further into debt to keep up,” said RGA spokesman Will Reinert. “Families continue to fall behind and they know that politicians like Lujan Grisham are to blame.”