
Biden loses control of inflation, and the trust of American people
Fox News
Economic pain batters Americans as they reel from high gas prices, inflation, and falling stock markets. The justifiable loss of faith leads to The Great Distrust.
Already, Biden has notched some historical firsts.
For example, consumer sentiment plummeted in June to the lowest level ever recorded in the 70-year history of the University of Michigan index. It is a stunning collapse, not seen even during the darkest days of the COVID-19 scare. The index fell to 50.2 from 58.4 in May – already a recession-level reading – and was far below the 58.1 projected by economists.
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