Republicans Blast ‘Bidenflation’, Rail at Economic Policies They Say Are Producing Massive Price Increases, Labor Shortages

Republican leaders are increasingly blaming President Biden for rising pricing for everything from gas to food to clothing to electronics, even giving the increases a new name: “Bidenflation.”

“Everyone better buckle up. Grab your wallet, ‘Bidenflation’ is here to stay,” Sen. Roger Marshall, R-Kan., told Newsmax TV’s Eric Bolling. “The cost of everything is going up as long as he continues these failed policies. These policies that are basically just piling on top of … one another, multiplying. We’re going to see more and more ‘Bidenflation.'”

Marshall, a member of the Senate Committee on Agriculture, Nutrition, and Forestry, told Bolling that the price of everything in that sector — including fertilizer, natural gas, and meat production — is also rising, thanks mostly to a labor shortage.

“It’s because of the worker’s shortage. The [meatpacking] plant’s ability to process the meat and get it to market has been shrunk,” Marshall explained. “There’s [also] been a shortage of truck drivers before the pandemic, and it worsened during the pandemic, and then Joe Biden was paying people more to stay at home than to go to work.

“And now he is throwing a vaccine mandate on top of that, and we’re going to end up with a huge labor shortage, leading to more bottlenecks and more inflation,” the senator added.

Newsmax added:

According to the Bureau of Labor Statistics, the consumer price index rose 5.4% compared with September 2020.

White House press secretary Jen Psaki said Wednesday that the rate of inflation has decreased by 50% in recent months.

“I would note that we’ve seen a decrease over the course of time, and that is still evident, if you look month to month, with the data that came out this morning,” Psaki said of the Consumer Price Index numbers released Wednesday.

“So, between the second quarter and third quarter of this year, monthly inflation increases have actually decelerated by 50%. And just to give you more specific data points, it was around 0.8%, and then it went down 0.4%. Hence, 50%,” she said.

But Marshall didn’t buy that explanation, noting that inflation today looks exactly like it did the last time it was a problem, in the early 1980s.

“I’m old enough to have lived through the 1980s to see inflation happen, and it’s basically like a dog chasing its tail,” he said. “You have wages go up, and then the price of goods goes up. The cost of living goes up, and then the unions start striking because their wages aren’t keeping up with the inflation. 

And now Biden’s going to throw more gasoline onto the fire because of his unconstitutional vaccine mandate he wants to throw out there on top of us. So, we are getting ready to see a huge fire of inflation,” Marshall said.

Marshall isn’t the only Republican dubbing consumer price increases “Bidenflation.”

Calling the increases “an invisible tax on the American people,” Florida Gov. Ron DeSantis said that despite Biden administration claims the current inflation is not “transitory.”

“This inflation is real. This inflation is upending a lot of things,” he said during a press conference in Naples this week. “They said it was just going to be transitory — it’s not transitory.”

“You look at how much things have gone up year-over-year — these are stiff increases, and it’s basically an invisible tax on the American people,” the GOP governor added.

His press secretary, Christina Pushaw, called the increases “Bidenflation” in a tweet.

Without question, many Americans are beginning to feel the pinch and are not at all optimistic about the immediate future, as the Daily Wire noted:

According to a recent survey of over 1,000 elderly investors with more than $250,000 in assets, 71% believe that rising inflation will negatively impact their retirement savings. Likewise, 46% of those with fixed income investments worry that low interest rates will impact their retirement income.

Data from the Bureau of Labor Statistics confirm that the average American’s real wage is falling due to inflation. The agency recently reported that “average hourly earnings” in the United States increased by 3.6% between June 2020 and June 2021. However, when considering inflation — specifically through the Consumer Price Index, which rose by 5.3% over the same period — “real average hourly earnings” diminished by 1.7%.