Kamalanomics at work
Vice President Kamala Harris will speak at a rally tomorrow in Philadelphia, where the Biden-Harris inflation has hit pocketbooks hard:
20% cost of living increase since Harris took office in January 2021. The consumer price index (which measures the overall average change in prices for a basket of goods) increased by a record-breaking 20% in the Philadelphia metro area.
Inflation is felt at every level of the economy. One everyday example is the price change of Philly cheesesteaks.
Rib-eye steak has gotten much more expensive since Harris took office. The key component in the beloved sandwich is rib-eye steak. The Bureau of Labor Statistics tracks the price of rib-eye in a category called uncooked beefsteaks which include all “steaks other than round or sirloin.” Since Harris took office in 2021, the price of uncooked beefsteaks has risen over 29% from $8.25 to $10.64 per pound.
Amoroso’s Hoagie Rolls are also much more expensive since Harris took office. The preferred hoagie for cheesesteaks, the rolls have increased in price by over 62% since Harris took office, from $0.69 per roll to $1.12.
Philadelphia Cheesesteak menu prices are up since Harris took office. Back in January 2021, one could expect to walk into Geno’s Steaks and grab their signature cheesesteak for $11. Today, that same sandwich is $14, an increase of 27%. Dalessandro’s cheesesteak price is up 30%, while Pat’s King of Steaks cheesesteaks have gone up by 58%.
Don’t just take anyone’s word for it; simply walk over to your local cheesesteak shop and see for yourself.
As Vice President, Harris cast the tie breaking vote for the inflation-causing American Rescue Plan Act of 2021.
Harris now wants to impose a long list of tax increases and regulatory burdens which will drive prices even higher.
Stay tuned to ATR’s Kamalanomics.org for updates.