The following is taken from an article Published by E.J.Antoni: This needs to read! The monthly mortgage payment on a median price home has more than doubled since President Biden took office, rising 119.5%! Yet Biden continues to push for even more of what created this mess: trillions of dollars in new government spending. His latest proposed budget would set yet another record for government spending, even exceeding anything America has seen during wars, recessions, or Covid.
But all this government spending must be paid for, one way or another. The Biden administration has chosen to use the hidden tax of inflation to cover their budget shortfalls, resulting in a veritable cost-of-living crisis across America, with housing costs playing a large role. To be clear, this is not a matter of politics but policy. Congressional Republicans and Democrats alike have been complicit in facilitating the Biden’s administration’s big-government agenda which has resulted in the present cost-of-living crisis.
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Linda Schaub
Southeast side
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