Some have defended Joe Biden's economic record by noting that median household wealth has increased on his watch. But that uptick is mostly due to home and car value inflation — meaning it's of limited use to regular people who need their home and cars to live.
Yup.
My grocery bills skyrocketed two years ago. I was lucky in that my rent situation didn’t change, but that was only because my landlord’s property manager was incompetent and never renewed my lease, so it went month-to-month with the same rate. I’ve since become a homeowner because I didn’t want to get squeezed out of my preferred neighborhood.
Most people are feeling a huge crunch from cost-of-living increases and housing scarcity, and Biden’s going to be blamed for it in the next election.