Steve Moore talks to War Room host Stephen K. Bannon about the inflation spiral unleashed by the Biden administration.
โConsumer prices are rising more rapidly than those statistics are indicating. I donโt think they properly weight the most important things that Americans buy every week and thatโs food and vegetables โฆ and gas/energy. โฆ For the last four months now, Steve, the increase in prices is rising faster than the increase in wages. That means that peopleโs real income, their real purchasing power is shrinking. Their paycheck is shrinking under Joe Biden. โฆ Weโre already paying the Biden tax โฆ because everything is more expensive because of this out of control government spending.โ