Under the Biden-Harris administration, several hallmarks of the American middle class, such as buying a home, a car, or paying for childcare, have become increasingly challenging. Costs in these areas have surged since 2021, significantly impacting middle-class Americans. For instance, the median home price jumped from $357,100 in 2021 to $427,200 in 2023, and mortgage rates have nearly doubled, adding further pressure to family budgets. Similarly, car payments have become more burdensome, now requiring about 36 weeks of income, up from 32 weeks when Biden and Harris first took office.
Additionally, inflation has driven grocery and gas prices up, reducing purchasing power, while regulations have kept everyday costs elevated. These financial strains are reflected in a Gallup poll showing that 52% of Americans feel their economic situation has worsened compared to four years ago.
On the childcare front, the average weekly cost of daycare has soared from $226 to $321 per child. High education costs also contribute, with enrollment in public universities down as students shy away from the financial burden. Meanwhile, inflation, though down from its peak, remains higher than in past decades, exacerbating the struggle for families trying to keep up with the cost of living.
The rising expenses and stagnant economic outlook highlight the need for conservative leadership focused on economic resilience and family prosperity. Government policies under Biden and Harris focus too heavily on elite-driven issues, like electric vehicle mandates, rather than addressing the middle-class economic struggles that concern most Americans. This disconnect is fueling support for leaders like Trump, who prioritize traditional values and policies aimed at economic stability. One thing remains clear: We cannot take four more years of this madness. Vote MAGA 2024!