Biden discusses inflation and the economy

Biden’s economy, has inflation changed lives? Americans weigh

Grocery shoppers in New York and Virginia shared how the economy and soaring inflation under President Biden have affected their lives.

“Biden definitely changed my life for the worse,” said Brad, from Virginia. “It strikes me as a much more ideological administration than I think anyone has ever dealt with, and that has led to the problems we see now.”

President Biden said in a speech to the AFLI-CIO that he “doesn’t want to hear those lies about reckless spending anymore” and that his administration is “changing people’s lives.”

“I think the government is definitely overspending, and that’s contributing a lot to the inflation we’re seeing right now,” Brad said.

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Biden discusses inflation and the economy

President Joe Biden talks about inflation and the economy. (Photo by Drew Angerer/Getty Images) (Getty Images/Getty Images)

But another buyer said Biden shouldn’t be blamed for the state of the US economy.

“I don’t think he’s the main cause of things going up,” said Jerry, from Staten Island.

“I am between two parties,” he added. “I hate to see a party blaming someone who is in power.”

Critics have argued that the Biden administration’s spending — like the last round of COVID-19 stimulus checks — fueled the price spikes. Pandemic government spending has pushed inflation up 3% by the end of 2021, according to the Federal Reserve Bank of San Francisco.

Inflation rose to 8.6% in May – a 40-year high, according to the Labor Department.

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Jerry tells Fox News it’s not Biden’s fault for the state of the US economy (Fox News Digital)

“I’m spending more everywhere, especially on groceries,” said Elizabeth, from Virginia. “When it comes to spending, it has changed for the worse, but overall there hasn’t been much change.”

Larry, from Staten Island, told Fox News he started a second job to cover the extra expenses.

“That’s the way it should be today,” Larry said. “You have to have more than one job to survive.”

“It changes everyone’s life, especially people in the poorer suburbs,” he continued. “They don’t make money to meet their expenses.”

Larry also said his pregnant daughter couldn’t get formula.

The United States faced an infant formula shortage after a manufacturer shut down a production plant in February, exacerbating pandemic-related supply chain issues.

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Mark, from Staten Island, said Biden’s policies had caused high inflation.

“He’s telling everyone it’s Putin’s fault,” Mark told Fox News. “It’s his fault.”

Barbara, from Staten Island, said, “I’m just really mad at gas prices. I’m really mad at this president. It feels like he’s killing this economy.”

Grocery Shoppers Amid Skyrocketing Inflation

Shoppers inside a grocery store as inflation rises. Photographer: David Paul Morris/Bloomberg via Getty Images (Photographer: David Paul Morris/Bloomberg via Getty Images/Getty Images)

But some buyers said big spending was needed.

Jerry said Biden made “a lot of mistakes” but cited the war in Ukraine as the cause of the high prices.

“People should cut their spending,” Jerry told Fox News.

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Akbar, from Virginia, said, “I think people quickly forget about the situation during COVID-19 and the lockdowns, you know, had to spend money.”

Akbar acknowledged the impact of high inflation, but would argue for Biden to spend more to deal with student loan debt.

“It will change my life if he starts canceling student loans,” Akbar said.

Megan Myers reported from Staten Island and Jon Michael Raasch from Arlington.

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