CNBC Panel Declares Biden Responsible for 22% Price Increase and Affordability Crisis
CNBC Panel Declares Biden Responsible for 22% Price Increase and Affordability Crisis
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Every trip to the grocery store feels like a punch to the gut these days. Gas prices, utility bills, even a simple cup of coffee – everything costs more than it did just a few years ago. Americans know they’re struggling, but for too long, the mainstream media has refused to acknowledge the obvious culprit behind this economic pain.

Now – and you’ll want to sit down for this – even the typically Biden-friendly financial press is admitting what we’ve been screaming into the void for years. The talking heads who spent years defending “Bidenomics” and dismissing inflation as “transitory” can no longer ignore what every American family already knows: this affordability crisis has an author, and his name is Joe Biden.

From ‘CNBC’s Squawk Box’:

“The affordability issue is from the 22% increase in prices and inflation under Biden, there’s just — full stop, right there. That’s the affordability issue — and you gotta be able to explain that,” host Joe Kernen declared. Former SEC Chair Jay Clayton agreed, adding that Trump was “thrown, what I would say, the worst economy for the average American in my adult lifetime, in terms of like you said, the incredible increase in prices at the household.”

CNBC – yes, that CNBC – is publicly declaring that Biden owns this crisis “full stop.” No equivocation, no blaming Putin, no whining about corporate greed. Just the plain truth that millions of Americans have been shouting from their empty wallets.

The Real Cost of Bidenomics

That 22% isn’t just a statistic – it’s families choosing between gas and groceries. It’s seniors watching their savings evaporate. It’s young couples abandoning homeownership dreams because everything from lumber to labor costs exploded under Biden’s watch.

The roots of this crisis are clear to anyone not wearing Biden-tinted glasses. His multi-trillion-dollar spending sprees flooded the economy with printed money, creating textbook conditions for runaway inflation. His war on American energy sent fuel costs soaring, and those costs infected every product on every shelf like economic COVID.

Meanwhile, his green energy mandates forced unnecessary costs onto manufacturers and consumers alike. Those CAFE standards Biden’s bureaucrats loved? They added thousands to every new car, pricing working families out of reliable transportation.

Trump’s Path to Recovery

The Trump administration isn’t wasting time – they’re implementing solutions. Kevin Hassett, Director of the National Economic Council, laid out plans that will put real money back in American pockets. Eliminating those burdensome CAFE standards alone will save families “$1,000-$2,000 for the typical car.”

Lower energy costs through domestic production, reduced regulation, and common-sense policies are already showing results. Gas prices have started falling, and rolling back Biden’s job-killing mandates promises relief across multiple sectors.

This is the same playbook that delivered historic prosperity during Trump’s first term, before COVID and Biden destroyed those gains. The difference now? Even Biden’s media allies can’t pretend otherwise.

The fact that CNBC admits this truth speaks volumes. For four years, these networks insisted inflation was temporary, that Biden’s spending would help families, that pump pain was worth it for their “green revolution.” Now, with Trump back and reality undeniable, they’re finally saying what we knew all along: Biden broke the economy, and everyday Americans paid the price.

Perhaps this brief moment of media honesty will serve as a reminder. Next time politicians promise to solve problems with massive spending and radical environmental policies, maybe more Americans will remember Biden’s 22% tax on everything they buy. Our families deserve better than becoming lab rats in Washington’s socialist experiments.

Key Takeaways

  • CNBC admits Biden owns the 22% inflation crisis destroying American budgets
  • Trump inherited the worst household economy in decades from Biden’s policies
  • Eliminating green mandates will save families thousands on cars alone
  • Even liberal media can’t spin away Biden’s economic disaster anymore

Sources: Daily Wire

December 11, 2025
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Cole Harrison
Cole Harrison is a seasoned political commentator with a no-nonsense approach to the news. With years of experience covering Washington’s biggest scandals and the radical left’s latest schemes, he cuts through the spin to bring readers the hard-hitting truth. When he's not exposing the media's hypocrisy, you’ll find him enjoying a strong cup of coffee and a good debate.
Cole Harrison is a seasoned political commentator with a no-nonsense approach to the news. With years of experience covering Washington’s biggest scandals and the radical left’s latest schemes, he cuts through the spin to bring readers the hard-hitting truth. When he's not exposing the media's hypocrisy, you’ll find him enjoying a strong cup of coffee and a good debate.